27.02.2009 - Australia’s Future Fund to keep long-term approach amid crisis

From Bloomberg: Australia’s A$60 billion ($39 billion) Future Fund will stick to its “long-term” investment approach even as the global economic crisis ravages global stock and credit markets, the fund’s Chairman David Murray said. “The value to the Australian community of retaining a proper portfolio with a long-term focus through this crisis will be double the value of reverting to a less long-term focus,” Murray said at a gathering in Sydney today. .... Full Article: Source

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