03.09.2013 - Risk rethink needed, says Future Fund
Future Fund managing director Mark Burgess says investors need to review their risk appetite after booming investment returns added nearly $12 billion to the coffers of the fund and helped it register returns above its benchmark for the first time since it was founded in 2006. The fund rode a surge in bond prices fuelled by government bond buying and stronger equity markets that were bid up by yield-hungry investors to increase its total funds from $77bn a year ago to $88.89bn at the end of June...............................................Full Article: Source
Print