Private Equity Benefits from Future Fund’s Shrinking Cash Allocation
Posted on 04/30/2019
Australia’s Future Fund, the country’s massive sovereign wealth fund, has lowered its cash position to 13.17% of assets as of March 31, 2019, versus a high of 22.9% of assets in March 31, 2016. This steady decline in allocation to cash has benefited the asset classes of private equity, hedge funds, and infrastructure. Private equity […]
