Tough Times Ahead Warns CEO of Australia’s Largest Pension Fund
- Global effort to control inflation is the paramount issue
- AustralianSuper aims to become A$1 trillion fund in a decade
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Consumers and businesses will continue to struggle as global policy makers battle to get inflation under control, the head of Australia’s largest pension fund told a media forum.
“Our view is that there are some pretty tough times ahead,” Paul Schroder, chief executive officer of the A$260 billion ($182 billion) AustralianSuper Pty, said on Tuesday.