I added the 5 year strategy bit just in case you thought they'd be selling loads of AUD just this morning, K? :-D
Australia's largest pension fund is AustralianSuper
- will shift most of its portfolio outside Australia for the first time
- portfolio expected expects to double in value to A$300bn by 2024.
- five-year strategy to increase the proportion of overseas assets to 55-60% by 2024
- from 44% currently
Info via the Financial Times, article is here (may be gated)
