There was a wide disparity in the pension funds’ allocations to unlisted assets, with the highest being AustralianSuper (32 per cent), Legalsuper (31 per cent) and Maritime Super (30 per cent) and the lowest being AXA Summit and CFS First Choice (both zero) and First State Super (2 per cent).
11 May 2009 13:00
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Investments
Colonial First State chief investment officer Jonathan Armitage says a shift away from reliance on US mega-cap tech stocks is reshaping portfolio resilience, with emerging markets, private debt and catastrophe bonds helping to drive returns across the portfolio.
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