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The Nexus
BUSINESSMay 6 · 04:36 UTCBLOOMBERGAmy Bainbridge, Carmeli Argana

Australian Pension Fund Tilts to US Over Local Stocks on AI Boom

The Australian pension fund is shifting its investments from local stocks to US stocks due to the AI boom. This move is driven by the growth potential of AI-related companies in the US. The decision was made by Damien Webb of Brighter Super.

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