POWERED BY MOMENTUM MEDIA
Aussie funds less conservative than OECD counterparts
Australian pension funds are going against the grain of pension funds in other countries within the Organisation for Economic Co-operation and Development (OECD) by holding a higher percentage of equities with low exposure to bonds.
The OECD’s Pension Markets in Focus report found that Australia (like the United States, Chile and Finland) has between 40 and 50 per cent of its pension fund assets in equities, while the majority of other OECD countries appear to favour bonds.
The report also showed pension funds posting a positive net return on investment of 2.7 in 2010, as they slowly climbed back to pre-global financial crisis levels.
While Australia performed above average, it did not make the cut of the top pension fund performers, with New Zealand (10.3 per cent), Chile (10 per cent), Finland (8.9 per cent) and Canada (8.5 per cent) taking the top spots.
AUTHOR
Ashleigh McIntyre
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
