Australian Pensions Lifting FX Exposure as Offshore Assets Climb
Australia’s pension giants are adding currency risk as their offshore assets surpass half of all investments, with desire for diversification outweighing fears the US dollar’s haven appeal is waning.
By Matthew Burgess · Bloomberg Markets
Australia’s pension giants are adding currency risk as their offshore assets surpass half of all investments, with desire for diversification outweighing fears the US dollar’s haven appeal is waning.