Future Fund makes negative return in FY22 amid tough economy

The Future Fund's assets fell below A$200 billion as it recorded a 1.2% loss for the recent financial year that ended June 30, but its chief executive and chair remain unperturbed as the fund's performance beat bond and equity markets. “In a year where global equities and global bonds fell by more than 10% each and where the Australian stock market fell 6.5%, the return of -1.2% was a pleasing outcome and shows the portfolio successfully navigated substantial market falls,” said P…