ART overhauls strategy to weather market uncertainty
The $330 billion Australian Retirement Trust (ART) plans to increase its strategic asset allocation to infrastructure and tilt its equities exposure towards the international market across its most popular investment options from July 1.
It follows an overhaul of its default Lifecycle strategy and investment options a year earlier, which was aimed at boosting returns for disengaged members in the wake of the merger between QSuper and Sunsuper.
While the proposed portfolio changes have been in motion for several months, the geopolitical turmoil that was unleashed by the Trump administration’s Liberation Day announcement in April served to reinforce the fund’s views. While President Trump quickly wound back most of his proposed…
