Australia’s Future Fund Reduces Allocation To Alternative Investments
By Damien Hatfield on Jul 21, 2013 in Australian Hedge Funds News
Australia’s Future Fund has lowered its alternatives allocation from 16.3 per cent to 15.3 per cent, according to its March quarterly fund update.
All asset classes, except cash, debt securities and alternative assets, remained relatively unchanged. Debt securities suffered the greatest drop (down 2.5 percentage points) while cash rose by 2.6 percentage points and alternative assets fell by 2.5 per cent and 1 per cent respectively.
| Asset Class A$ Billion % of Fund | |
| Aust Equities | 9.89 11.6 |
| Global Equities | |
| -Dev Mkts | 15.45 18.1 |
| -EM | 4.81 5.6 |
| Private Equity | 5.76 6.8 |
| Property | 5.47 6.4 |
| Infra & Timber | 5.55 6.5 |
| Debt Sec | 14.17 16.6 |
| Alternatives | 13.06 15.3 |
| Cash | 11.00 12.9 |
| Total | 85.16 100 |
Data may not sum due to rounding. Data as at March 2013.
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