‘Fewer places to hide’: AustralianSuper trims equity exposure as Iran, AI risks mount
Australia’s largest super fund, which manages $410b in retirement savings, has shifted its portfolio as markets grapple with deepening geopolitical conflicts and the rise of AI.
Australia’s biggest superannuation fund has been pulling back its equity risk and increasing its exposure to resources amid upheaval in the Middle East, the rising threat of broader geopolitical conflict and rapid advances in AI.
AustralianSuper has been shifting its portfolio over the first few months of 2026 in part due to the US-Israel strikes on Iran and the unfolding oil crisis that has left investment markets in disarray.
The move follows recent concerns raised by Future Fund chair Greg Combet that geopolitical tension is likely to be a top concern for the $335 billion federal government-owned investment fund over the next decade.
The $410 billion superannuation fund’s head of asset allocation Alistair Barker told Capital Brief geopolitical risks were one of its biggest current concerns.
