Australia, NZ state funds: lower returns ahead

Jan 27, 2016

After years of above-target performance, Australia's Future Fund and New Zealand Super have been de-risking their portfolios amid a worsening investment outlook.

Australia, NZ state funds: lower returns ahead

The Australian and New Zealand flagship sovereign funds expect their performance to drop in the coming year given the tougher investment climate, and the former has been steadily de-risking its portfolio.

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