Australian pension fund leans towards US over local stocks on AI boom

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Australian pension fund leans towards US over local stocks on AI boom

By Amy BainbridgeCarmeli Argana
Publication Date: 2026-05-06 04:36:00

Brighter Super, a 37 billion Australian dollar ($26.8 billion) Australian pension fund, is shifting its portfolio away from the local stock market and toward global stocks as artificial intelligence continues to gain momentum in the United States.

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