05.02.2013 - Future Fund gains $10bln on stock rally
A recovery in world share markets helped boost the investment returns earned by the Future Fund, Australia's $82 billion sovereign wealth fund, by more than 12 per cent last year. In its latest portfolio update, the fund reported today that it had generated returns of 12.8 per cent over the 2012 calendar year - considerably higher than the 7.9 percent annual return achieved over the past three years and the 5.3 per cent average annual return over the past five years. The fund has now returned an annual average rate of 5.4 per cent since it began in May 2006...........................................Full Article: Source
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