25 November 2008 23:00
The lead story in the Tuesday, November 25 edition of I&T News incorrectly identified nine reduncancies at BlackRock Investment Management’s marketing team.
There has in fact been just one redundancy from that team, and a further nine from other parts of the business including the direct and A-REIT property teams.
I&T News apologises to BlackRock Investment Management for this error and the inconvenience it caused.
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The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.
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