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Duncan Burns

What an Australian bias is costing your portfolio

Having a more global focus is not just about returns, it’s also about lowering risk and volatility.

Australians love to travel abroad. Indeed, even when you head off to some lesser-travelled, far-flung places on the planet, there’s a good chance you’ll run into another Aussie somewhere.

But when it comes to investing, it’s a different story. Many Australians aren’t quite so adventurous – they prefer to stay at home.

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Duncan Burns is chief investment officer for Vanguard Asia Pacific.

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    Original URL: https://www.afr.com/wealth/personal-finance/what-an-australian-bias-is-costing-your-portfolio-20230517-p5d95h