Future Fund raises returns with fewer managers
The A$165.7 billion ($133.7 billion) Australian sovereign wealth fund saw its assets jump 11.5% in 2018/19 as it successfully boosted its long-term returns.
Less is more. This appears to be the case at Future Fund – at least for now – after the Australian sovereign wealth fund posted an impressive set of performance figures, having recently cut the number of external managers it uses.
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