All Posts Tagged With: "super"

We said that despite an outlook for the world that was full of de-leveraging and falling asset prices, there is a time and a place to go on the attack. But is now that time and is here that place? And how would you attack anyway? Well, there is certainly a place (albeit small) for speculation in any well-diversified portfolio. But it’s important to remember that Black Swans – statistically improbable according to conventional models, but with very large consequences – don’t always have to be bad things.

Meanwhile, mischief is still afoot in the world of superannuation. Australian super assets under management exceed $1.2 trillion. That’s the fourth largest pool of investable savings in the Western world.

Super funds represent a pool of capital the government doesn’t have to borrow on the international bond market. Of course, technically the super money is your money. But if Henry is up to what we think he’s up to, your money could soon be financing government-backed infrastructure projects or participating in corporate bond auctions. You can imagine the super industry would do these things anyway, if they seemed like good investments…