Australia Pension Cuts Local Stocks for Global, Emerging Markets
Australian pension fund Cbus Super is cutting its exposure to domestic stocks in favor of global and emerging markets, becoming the latest institutional investor to curb its reliance on an...
By Amy Bainbridge and Carmeli Argana · Bloomberg Markets
Australian pension fund Cbus Super is cutting its exposure to domestic stocks in favor of global and emerging markets, becoming the latest institutional investor to curb its reliance on an increasingly concentrated local bourse.