03.05.2010 - Future Fund posts 2.8pct return in December qtr
From Businessspectator.com.au: Australia's sovereign wealth fund, the Future Fund, has posted a 2.9 per cent return for the March quarter, excluding its holding in Telstra Corporation Ltd, and says that it remained focused on "prudently developing" its portfolio in line with its long-term performance goals. In a portfolio update, the Future Fund said its quarterly return from Telstra was minus 7.1 per cent, or minus 1.8 per cent for the financial year to date, with a holding worth $3.93 billion at March 31............................................Full Article: Source
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