Too much money, too few options drive Aussie funds to take risks


SYDNEY: Australian pension funds are investing in riskier assets to overcome an embarrassment of riches – they have too much money and too few investment opportunities.

This not entirely unwelcome problem is the result of Australia's mandatory pension contribution pension system, which is now worth A$1.5tril (US$1.38tril).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Australia , pension funds , huge , few options , high-risk

   

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