| The Future Fund has ramped up its holdings of government bonds as a defence against the risk of global deflation, said managing director David Neal as he explained why the sovereign wealth manager has become "relatively cautious" about the future.
Expressing concern about the "diverging paths" of economies around the world, Mr Neal cautioned that doubts about the pace of US Federal Reserve interest rate hikes and their impact on emerging markets posses "certain risks."..............................................Full Article: Source
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