Australia's Largest Pension Fund to Increase Investments in Private Markets

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Australia,Pension Fund,Private Markets

Australia's largest pension fund, AustralianSuper, plans to increase its investments in private-market assets and boost its exposure to overseas assets. The fund's Chief Investment Officer, Mark Delaney, believes that now is a better time to invest in private markets due to more favorable valuations and increased deal opportunities. AustralianSuper aims to increase its offshore asset allocation from 50% to two-thirds of its portfolio, with a focus on infrastructure, private equity, and private debt.

-- Australia’s largest pension fund wants to put more money into private-market investments and will further boost its exposure to overseas assets.Turkey Joins NATO Allies in Suspending Europe Arms Treaty

Delaney said the A$315 billion fund is looking to increase its offshore asset allocation from about 50% to two-thirds of its portfolio. The focus of its New York office will be on private markets, particularly in infrastructure, private equity and private debt. While a stellar dividend history is essential when choosing a long-term dividend payer, you should also look into its future revenue potential. The post TFSA Investors: 2 Dividend Stocks I’d Buy and Hold Forever appeared first on The Motley Fool Canada.

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