Kevin Hassett, the former economic adviser to US president Donald Trump, has warned that the chance of the global economy falling into a deep recession from the coronavirus outbreak was “pretty close to 100 per cent.”
Sonya Sawtell-Rickson is half way through her three-year plan to restructure the fund's investment function. She's buying more private assets, kicked off internalisation plans and sold equities ahead of the market rout.
Australia’s $168 billion Future Fund is looking to add more money to its $22.6 billion hedge fund program where it can find managers with spare capacity, to help protect the portfolio against a sell-off in the equity market.
Australian super funds that employ responsible investment strategies have outperformed their competitors over one, three and five-year time frames, fresh data from Responsible Investment Association Australasia (RIAA) has confirmed.