Pension fund AustralianSuper exits software firm WiseTech Global

Reuters
26 Mar
Pension fund AustralianSuper exits software firm WiseTech Global

March 26 (Reuters) - AustralianSuper has sold its stake in logistics software giant WiseTech Global WTC.AX because of governance issues within the firm, the country's largest pension fund said on Wednesday.

The pension fund did not disclose financial details of the stake sale in its statement.

(Reporting by Aaditya Govind Rao in Bengaluru; Editing by Mrigank Dhaniwala)

((Aaditya.GovindRao@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10