FX

Superannuation funds are rapidly offshoring their assets as FUM grows faster than GDP, according to new data from NAB and ASFA. Coming early to the barbell strategy party has also paid off.

They might be behemoths at home, but Australia’s biggest super funds will be on the backfoot as they scour the globe for investment opportunities. NAB’s biennial FX Hedging survey is not only a good insight into super fund hedging strategies, but the state of the industry itself – particularly its growing interest in markets beyond…