Australia’s retirement savings are too big to invest at home – here’s why super funds are looking to the US
- Written by Susan Thorp, Professor of Finance, University of Sydney

You might remember Pesto, the king penguin chick who became a star attraction at Melbourne Aquarium last year. Good food, good genes and a safe home let Pesto grow into a huge ball of brown fluff twice the size of his parents. Pesto became a local and international celebrity.
While not cute or funny like Pesto,...