Australian sovereign fund returns 12.2% amid stock gains


The Future Fund’s assets climbed to a record A$238bil (US$149bil) after adding A$26bil last year. — Bloomberg

SYDNEY: Australia’s Future Fund posted a 12.2% return for 2024 as the sovereign wealth fund reaped the benefit of increasing positions in international equities.

The Future Fund’s assets climbed to a record A$238bil (US$149bil) after adding A$26bil last year, according to a statement yesterday.

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