Business
Future Fund’s Costello highlights inflation fears as assets hit $179b – Sydney Morning Herald
Future Fund chairman Peter Costello has highlighted investor concerns that any rise in inflation could push up interest rates from record lows.
Future Fund chairman Peter Costello has highlighted investor concerns that any rise in inflation could push up interest rates from record lows, as booming markets drove the funds total assets to a record of $179 billion.
In an update on Thursday the taxpayer-owned fund notched up 10.1 per cent returns for the year to March and 4.5 per cent over the quarter, as global sharemarkets powered ahead. Despite the bounce, however, the fund reiterated its cautious stance, pointing to challenges ahead as…
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