Australia's sovereign fund says rising interest rates makes long-term outlook challenging

Australia's sovereign fund says rising interest rates makes long-term outlook challenging

Peter Costello, Chairman, Future Fund

Australia’s A$141 billion ($108.1 billion) sovereign wealth fund on Monday said rising global interest rates eroding asset values make its long-term outlook challenging, after the fund exceeded its return-on-investment goal for the year.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter