Brighter Super shifts portfolio from Australian shares to global stocks
Updated
Updated · Bloomberg · May 6
Brighter Super shifts portfolio from Australian shares to global stocks
2 articles · Updated · Bloomberg · May 6
The Queensland-based A$37 billion pension fund said the move is a modest tactical tilt driven by the US artificial intelligence boom.
Chief investment officer Damien Webb said Brighter Super is trimming domestic equities at the margins rather than making a wholesale overhaul.
Webb recently returned to Australia after running Aware Super's international operations from London, underscoring the fund's growing focus on overseas opportunities.
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