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Sovereign Wealth Funds Briefing - Categorized | Performance

Australia Future Fund: Returns 5.6% in 1Q10 ex-Telstra invest

Posted on 20 October 2009

From Dow Jones: Australia’s Future Fund said Monday that it saw a return of 5.6% for the three months to Sep. 30, excluding its stake in Telstra Corp. (TLS), boosted by improved market conditions.

In a statement, the Future Fund–which was set up by the Australian government to fund government employee pensions–said that it had A$64.25 billion worth of assets at the end of the reporting period, including its A$4.3 billion stake in Telstra…………………..Full Article: Source

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