The $1.1 billion Print Super will review the limits on international investments which remain in its fund rules.
Chief executive of Print Super, Ross Martin, said the limits on offshore exposure varied between each member investment choice option, but at the plan level overseas assets are restricted to roughly 30 per cent. Print Super’s asset consultant, Mercer, had done some work looking at the implications of the longstanding limits across all asset classes, including property and infrastructure, Martin said. The board of the public offer fund will meet on August 30 to consider changing, or perhaps even abolishing the offshore restrictions.
29 August 2006 00:00
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Investments
Ryan Riedler, head of ASX core strategy, Australian equities at Cbus, says the fund will look to generate alpha locally through engagement and that internalisation will help it strengthen its connection with other market participants, as well as its brokers and service providers.
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