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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Future Fund assets up to $123b after strong fourth quarter

Posted on 02 September 2016

The Future Fund is shifting more of its $123 billion portfolio into private investments as ultra low interest rates reduce returns and raise risks in public equity and bond markets.
Australia’s sovereign wealth fund announced a strong 4.6 per cent quarterly performance to increase its assets to $123 billion, which managing director David Neal said was boosted by successful investments in non-listed businesses. “Private markets is an area where we continue to put a lot of focus,” said Neal. He explained the fund was looking to move “away from relying on market returns which are likely to be subdued [in favour] of genuine skill based opportunistic returns”………………………………………..Full Article: Source


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