Asset correlations no longer apply, says Future Fund CIO

Australia's Future Fund has been taking stock of its investment processes and the manner in which it calculates asset correlations, in response to what new chief investment officer Sue Brake describes as “a really turbulent year”. In an exclusive interview with AsianInvestor, she said the unique circumstances of the global pandemic have created “a new paradigm that has changed the conditions for investing”. That has led Brake and her colleagues to question long-held beliefs abou…