Stay updated with breaking news from David Colosimo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Australia’s biggest pension funds are losing their appetite for bonds as interest rates peak and are instead ramping up bets on a potentially riskier avenue of higher returns: private credit. Cbus, which has A$90 billion ($59 billion) in total assets, is planning to triple its global allocation to private credit…
(Bloomberg) -- Australia’s biggest pension funds are losing their appetite for bonds as interest rates peak and are instead ramping up bets on a potentially riskier avenue of higher returns: private credit.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearBill Ackman Rockets Up Best-Paid Hedge Fund List by Doing Very LittleCbu
SG Hiscock has appointed a new chief investment officer and head of SGH individual portfolios, who leaves UniSuper after a seven-year stretch.