Aussies dramatically under invested in the companies reshaping business
SMSF's in Australia are very concentrated in Australian assets. Alex Pollak, CEO of Lotus Peak believes that "self managed super in this country is dramatically under invested in the companies that are remaking the business landscape in the 21st century". By being under invested in offshore assets Australians are also missing the opportunity for a natural hedge against potential increases in the cost of goods they intend to consume in the future that are coming from offshore. In this video Pollak explains why he views some offshore exposure to be important for an Australian investor.