Australian vs International Shares: Why the 45:55 split does not add up
For some time now, I have been questioning why diversified portfolios in Australia typically hold almost half of their equity exposure in Australian shares and slightly more than half in international shares. For example, AustralianSuper’s Balanced portfolio has approximately 25% allocated to Australian equities and around 34% to international equities, while UniSuper’s Growth portfolio holds roughly 31% in Australian equities and 42% in international equities. These …
