‘Fragility’ drives portfolio changes at Australia’s Future Fund

The “fragile” economic environment during the pandemic drove Australia’s Future Fund to rethink its portfolio approach and undertook a strategy to focus on diversification and short-term risks, chief investment officer Sue Brake said. “We set about doing a one-year project to think deeply about what’s changed in the external environment and aspects of the process of putting a portfolio together and question what’s changed,” Brake said at the Imas-Bloomberg investment conference on…