06.02.2015 - Future Fund assets swell to $109 billion
Australia's Future Fund assets have swelled to $109 billion after investments in private equity and infrastructure and a shift into US dollars, and away from the Australian dollar, helped it generate a 13.2 per cent return in 2014. But as interest rates fall and central banks hit their limits the fund's investment team is warning of lower returns and rising economic and investment risks as it moved more than $5 billion of assets into cash. Stephen Gilmore, the head of risk and investment strategy warned that the investment environment was becoming more challenging as risks are rising when falling interest rates are reducing returns..............................................Full Article: Source
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