ALEX DUNNIN OUTLOOK
A ustralia's largest super fund, AustralianSuper, sent shockwaves through the nation's company boards last year when it led the resistance that thwarted the buyout of Origin Energy by the consortium led by the Canadian private equity group Brookfield.
As dramatic as AustralianSuper's actions were, too many people have learned the wrong lessons from it. It's not that our super funds have become too powerful and need their wings clipped; the problem is with the ASX itself. It's too small, not diversified enough and has too few large investible, quality