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Beverly Chandler, Opalesque London: Damien Hatfield’s Triple AAA Partners’ latest newsletter from Australia, reports on the latest in the annual studies of global pension funds from Towers Watson, also reported on in Opalesque.
From the Australian perspective, the country emerged as the world’s equal second highest in
allocations to alternatives assets at 23%,
behind Switzerland (30%) and level with
Canada. Australia also continues to have the world’s highest
allocation to equities (54%) and lowest
allocation to bonds (15%).
Australia clocks in as the world’s fourth largest pension
fund market ($1,555bn), behind the
US, Japan and UK.
News from Australia’s Future Fund on its asset allocation evidences Australia’s continued commitment to alternatives. The end December 2012 briefing showed that alternatives are still in the top three of asset classes for the fund. The February note from Future Fund showed that the $82bn fund returned 12.8% in 2012. Over three year and five year p...................... To view our full article Click here
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