Particle.news
Download on the App Store
3 ARTICLES
·
last mo.

Future Fund Deepens Diversification as Trump Policies Raise Investment Risks

With holdings surpassing $240.8 billion after a 7.9% return, the fund seeks shelter in foreign currencies, commodities, domestic infrastructure, clean energy, AI ventures.

Image
Image

Overview

  • Future Fund chair Greg Combet said Trump’s trade tensions, proposed tax hikes and dollar depreciation have made US markets riskier, prompting deeper portfolio diversification.
  • The fund has increased holdings of the euro, yen and gold while growing domestic stakes to hedge against currency swings and inflation.
  • Its assets climbed to $240.8 billion in the year to March 31 after a 7.9% return despite policy-induced volatility.
  • Since May the fund has boosted Australian infrastructure investments to $16.4 billion including a 10% stake in Transgrid and stakes in the Port of Melbourne and Western Sydney Airport.
  • A recent agreement with Amazon will bring $20 billion in cloud and data centre investment to Australia over the next five years, aligning with the fund’s focus on clean energy and AI.