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Sign in Sign up for a FREE subscriptionAustralianSuper eyes overseas infrastructure, property
Australia’s largest pension scheme, AustralianSuper, plans to increase the portion of its portfolio invested in unlisted assets to around 30 percent from 20 percent during the next three years, its investment chief told Reuters.
With investments of A$160 billion ($110 billion), a fifth of which is in infrastructure, real estate and private debt, it expects total assets to nearly double in the next five years as Australians are forced to save more under the country’s compulsory retirement scheme.
