Quote from today’s SMH.
“The taxpayer-backed Future Fund is considering taking bigger stakes in battered asset classes that many investors have abandoned, including property, infrastructure and hedge funds.
At December 31 the $60 billion Future Fund held almost half of its assets in cash and 28 per cent in shares around the world, including a 17 per cent stake in Telstra.”
My Take.
Is this prompted by recent plunge in its share portfolio, espec Telstra, being actively shorted by foreign hedge funds and instos?
future fund and telstra
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