Future Fund’s Allocation To Alternatives Drops
By Damien Hatfield on Mar 2, 2014 in Australian Hedge Funds News
Alternatives assets have dropped to 14.6% of the Future Fund’s investment portfolio from 16.3% a year ago. However, due to the rise in the fund’s AUM to $96.6 billion, the actual allocation to alternatives has risen from $13.4 billion to $14.1 billion over the year. The fund’s allocation to both developed and emerging equity markets increased significantly while debt securities allocations fell substantially. Note that equity hedge funds such as long/short funds are allocated to the fund’s equity ‘bucket’ rather than its alternatives category.
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Source: Future Fund. Totals may not add due to rounding.
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