Original article by Jonathan Shapiro
The Australian Financial Review – Page: 35 : 28-Jun-17

A report by Vanguard shows that Australian superannuation funds continue to favour local shares over international equities. This is particularly so in the case of self-managed super funds. Australia’s dividend imputation tax system is a major contributor to this "home bias". However, Vanguard notes that the domestic sharemarket is much more heavily weighted toward banks and mining stocks, and investors can reduce portfolio volatility by increasing their exposure to international equities.

CORPORATES
VANGUARD INVESTMENTS AUSTRALIA LIMITED, PROVIDENCE FUNDS MANAGEMENT, STATE STREET GLOBAL ADVISORS AUSTRALIA LIMITED, BLACKROCK INVESTMENT MANAGEMENT (AUSTRALIA) LIMITED, AMP LIMITED – ASX AMP, COLONIAL FIRST STATE GLOBAL ASSET MANAGEMENT, IFM INVESTORS PTY LTD