21.09.2010 - Future Fund expands its hedging
From Smh.com.au: Australia's Future Fund poured billions of dollars into US hedge funds and developed markets last financial year, despite the poor economic outlook for those regions, with smaller increases in property and infrastructure investments taking its total asset pool to $67 billion. The Future Fund appointed nine US-based and one British-based boutique hedge funds to manage $9.8 billion during 2009-10, up from $2.6 billion in June last year..............................................Full Article: Source
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