More global fund managers are setting up shop in Australia, drawn to the nation’s $1.8tn pension savings pool and new local investment opportunities, Bloomberg reported. The world’s fourth-largest pension pool is swelling due to mandatory retirement saving rules. Many Aussie funds have little choice but to seek overseas investments as well as alternative assets as they outgrow local equity and corporate bond markets.

Another signal of financial market tranquility: Daily turnover in exchange-traded products is plunging relative to the trading of single stocks. The Wall Street Journal has the story.

Blockchain could revolutionize retirement planning by streamlining operations and making it easier for account planners and holders to manage payouts, Investopedia wrote.