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Aus Super Fund Shifts Billions Overseas
31 Jul
Summary
- Cbus Super fund is reducing its domestic stock holdings.
- The fund is increasing investments in global and emerging markets.
- This move reflects a trend of institutional investors diversifying.
Cbus Super, an Australian pension fund with A$115 billion in assets, is actively reducing its holdings in domestic stocks. This strategic shift signals a move towards increasing investments in global and emerging markets. The A$115 billion fund is reallocating its assets as part of a broader trend observed among institutional investors.
This diversification strategy aims to mitigate risks associated with an increasingly concentrated Australian stock market. By favoring international and developing economies, Cbus Super seeks broader opportunities for growth and better risk management. This aligns with a growing sentiment among major funds to look beyond local exchanges.
