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?
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