We’re so used to the fact that super funds own about one-quarter of the shares in Australia’s top 200 stocks that we’ve become desensitised to just how big that holding really is.
If you stop and think about it from a capital allocation perspective, super funds and where they put their money is hugely important to Australia’s long-term economic direction.
Loading...
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
