Here’s how five funds of varying sizes with about A$430 billion in combined assets are positioning themselves for the coming year.
Australia’s mammoth pensions industry is rethinking investments from bonds to equities and cash to private markets as it steels itself for slower global growth.
While the nation itself may yet skirt recession, the OECD this week warned of the global economy sinking into a significant slowdown. Volatile markets and geopolitical crises handed Australia’s pension funds their worst period since the financial crisis this year, and they’re now focused on limiting any further losses in 2023.
