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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Australia’s Future Fund to keep long-term approach amid crisis

Posted on 27 February 2009

From Bloomberg: Australia’s A$60 billion ($39 billion) Future Fund will stick to its “long-term” investment approach even as the global economic crisis ravages global stock and credit markets, the fund’s Chairman David Murray said.

“The value to the Australian community of retaining a proper portfolio with a long-term focus through this crisis will be double the value of reverting to a less long-term focus,” Murray said at a gathering in Sydney today. …. Full Article: Source


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