Australia’s colossal $2.7 trillion pension funds are making a bold move away from the US, Bloomberg reveals. This strategic pivot signals a dynamic effort to diversify portfolios amid rising global economic uncertainties
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The Canada Pension Plan Investment Board has made a bold move by revising its net-zero emissions target, stepping away from its original goal set for 2050. This pivotal decision signals a dramatic shift in the organization’s strategy, reflecting the increasing scrutiny surrounding investment practices and climate commitments.
Hackers have executed coordinated attacks on Australia’s largest pension funds, exposing vulnerabilities in financial cybersecurity systems. The incidents raise concerns about the protection of sensitive data and the potential impact on investors’ finances.