Australian Pension Fund Tilts to US Over Local Stocks on AI Boom

Brighter Super, a A$37 billion ($26.8 billion) Australian pension fund, is tilting its portfolio away from the local share market in favor of global stocks as artificial intelligence continues to...

By Amy Bainbridge, Carmeli Argana · Bloomberg Markets

Brighter Super, a A$37 billion ($26.8 billion) Australian pension fund, is tilting its portfolio away from the local share market in favor of global stocks as artificial intelligence continues to gain momentum in the US.