London — Australia’s largest pension scheme, AustralianSuper, plans to increase the portion of its portfolio invested in unlisted assets to around 30% from 20% over the next three years, its investment chief says.

With investments of A$160bn ($110bn) — a fifth of which is in infrastructure, real estate and private debt — it expects total assets to nearly double in the next five years as Australians are forced to save more under the country’s compulsory retirement scheme.

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