HeadlinesBriefing favicon HeadlinesBriefing.com

Australian Pension Funds Shift to Global Markets

Bloomberg Markets •
×

Australian pension fund Cbus Super is cutting exposure to domestic stocks in favor of global and emerging markets, reflecting growing institutional concern over the increasingly concentrated local bourse. Meanwhile, IFM Investors, with $270 billion in managed funds, is expanding its local real estate portfolio by acquiring small malls for yield. The S&P/ASX 200 Index returned just 2.7 per cent in 2025-26, masking underlying weakness that has super funds seeking offshore growth. Technology shares in the US and emerging markets drove double-digit returns for top performers, with growth funds delivering 44 per cent over four years.

The Albanese government is pressing major superannuation bodies to coordinate on cybersecurity amid fears of fragmented responses. Australian Super plans a fivefold increase in private credit to $20 billion within four years, defying sector caution. Rest Super is advocating standardized product labelling and a review of disclosure rules under RG 97, while Care Super's Linda Scott backs data sharing between funds and Centrelink. Younger workers may benefit from Labor's platform supporting super for under-18s regardless of hours worked.