04.09.2012 - Structural shift as funds seek better alternatives
Blue Sky Alternative Investments managing director Mark Sowerby has seen this trend unfold over the past year and believes there is a permanent "structural shift" taking place from institutional investors to financial planner networks and wealth managers. The Future Fund's nominal return for 2010-11 was 12.8 per cent. Since its inception in May 2006, it was 5.2 per cent a year. "What's happening is that it looks like the alternatives are definitely performing better than the more traditional asset classes," Sowerby says. "The big bellwether is going to be the Future Fund. The way that I see the world is that if the Future Fund's performance in the next three years is good, most of the other super funds will change their asset allocations."..........................................Full Article: Source
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