Future Fund evaluating China re-allocation

It had been "a pretty tough time" in the investment markets in 2022, said the Future Fund’s chief executive Raphael Arndt at a February 1 briefing on the fund’s 12-month results. The Australian sovereign fund’s executives have been talking down their long-term investment expectations for some time. Given the global context of equity markets being down 18% for the year and bonds also down 10%, the fund’s defensive posture delivered a “somewhat pleasing” 12-month outcome of -3.7% - …