Australia Future Fund Returns -1.2% for the Year

Posted on 08/31/2022


Peter Costello AC, Chairman of the Future Fund Board of Guardians, said: “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.”

Dr Raphael Arndt, Chief Executive Officer of the Future Fund, said: “Last year we commenced a three-year program of repositioning the Future Fund portfolio. This will adjust for a climate of higher inflation, increased volatility and lower returns. This work has set us up well. The portfolio has done well in the context of market weakness and while investment returns face many headwinds we are well positioned to identify and access attractive new investment opportunities.’

In the press release, Arndt claims that the Future Fund, “has benefited from an increased allocation to Alternatives, where inflation aware strategies have performed strongly.”

The Future Fund indicated the desire and value of skilled investment managers in this type of economic environment.

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