| The Future Fund is looking to venture and early-stage opportunities in its private equity markets for growth, as it sees risk and fragility in listed markets. "Listed equities, to put it politely, were lacklustre over the last financial year. The world index lost 2.7 per cent in global currency terms, the local market just squeezed into positive territory with a 0.2 per cent return,” said David Neal, chief executive of the Future Fund.
He added the source of the $123 billion sovereign wealth fund’s 4.8 per cent return for the 2015/16 financial year came from its private markets portfolio...............................................Full Article: Source
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