Business
Future Fund escapes market mayhem, but road ahead is less certain – Sydney Morning Herald
The nation’s sovereign wealth fund has come through the pandemic market rout almost intact, but new challenges are ahead. How to invest when the safest option generates negative returns?
The average Australian super fund fell much harder in the March quarter but, with equity markets rebounding in the June quarter, produced negative returns of just above 1 per cent for the year to June.
But the Future Fund isnt an average super fund. As the repository for more than $200 billion of taxpayer funds, it is a risk-averse wealth manager with a long-term perspective on its returns. Its history says it is true to label, producing top-quartile returns despite having a relatively low-risk…
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