Australia’s Future Fund Stumbles in Third Quarter
Posted on 10/26/2017
Australia’s Future Fund stumbled in the third quarter with a return of 0.8%, far short of its target of 1.4%, amidst uncertainty over global interest rates and a rebalancing of its portfolio towards global equities over bonds. Nevertheless, for the year trailing September 30, 2017, the fund achieved returns of 7.9%, well above its 6% […]