Australian pension funds, including AMP Ltd. and Aware Super, explore private debt products for diversification and higher returns amid A$3.7 trillion pension pool growth.

Australian pension funds, including AMP Ltd. and Aware Super, are exploring niche private debt products to diversify portfolios and boost returns. The country's fast-growing A$3.7 trillion pension pool is seeing over A$2 billion of inflows each week, leading to an increase in asset allocations to private credit. The asset class has grown to $1.65 trillion across North America, Europe, and Asia Pacific.