Reported 7 months ago
Australian Retirement Trust, the second-largest pension fund in Australia, is confident that the Federal Reserve can maintain conditions for a softening of US economic activity. Head of investment strategy Andrew Fisher expressed optimism in the Fed's control over the situation but also highlighted caution regarding potential risks of a hard landing or stagflation. The fund, managing over A$280 billion, prefers US Treasuries and UK gilts over Japanese government bonds and is focusing on boosting its private credit allocation in Europe and North America amid the nation's growing pension pool.
Source: YAHOO