10.08.2011 - Future Fund to be conservative amid turmoil
Australia's $75 billion sovereign wealth Future Fund is pursuing a conservative strategy in the face of global economic turmoil, the fund's chairman David Murray said. "At the moment our portfolio is more defensively positioned that aggressively positioned," Murray told Australian radio, noting that the fund did not react daily to developments since it was not a "trading shop"..............................................Full Article: Source
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