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From the Opalesque team:
Australian pension fund assets (measured in US dollars) rose from sixth largest to fifth in this year’s Towers Watson’s Global Pension Asset Study, reported Damien Hatfield, executive manager at Triple A Partners Australia, in his latest newsletter. Triple A Partners is a seeder and distributor head-quartered in Hong Kong.
Measured as a percentage of GDP, the Australian pension fund industry is equal third highest globally.
The industry also ranked third highest in its allocations to ‘other’ assets which includes
alternatives and property. Australian superfunds on average had 22% in ‘other’ assets, 57% in equities (37% domestic & 20% international), 13% in bonds, and 8% cash.
Tower Watson, a global professional services company, indeed produced a study last month of the 13 largest pension markets in the world, which account for more than 85% of global pension assets. The countries included in the study were Australia, Canada, Brazil, France, Germany, Hong Kong, Ireland, Japan, Netherlands, South Africa, Switzerland, the U.K. and the U.S. (to access the report: Source).
Pension assets rose in all markets, the largest being the US, Japan, and the UK. However, during the last 10 years, all three have seen their share of ...................... To view our full article Click here
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