Forecasting China leads to better returns: Joske
Beijing-based Stephen Joske points to long-term correlation between China GDP growth and emerging market equity performance as he outlines AusSuper’s expansion plans.
Forecasting China’s economy better than others translates directly into returns, Stephen Joske of AustralianSuper told a forum yesterday as he outlined the fund’s expansion plans.
The A$50 billion entity, which has been growing via mergers with other super funds including Western Australia’s Westscheme, is expecting to double in size in four years. At present it has just 8% of assets in emerging markets (including China), but will look to increase this.
Speaking at the second As…
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