The Future Fund posted an annual return of 22.2 per cent in the year to June, the strongest result in its history.The fund - set up in 2006 to cover future superannuation liabilities of public servants - now stands at $196.8 billion, having earned $35.7 billion in 2020/21.Chair and architect of the fund Peter Costello said this was an "exceptional result" having posted a negative 0.9 per cent return a year earlier and at the height of the impact from COVID-19 on financial markets."It's been a wild year," Mr Costello told a media briefing on Thursday.The fund's 10-year return of 10.1 per cent...
http://www.sheppnews.com.au/national-news/2021/08/26/5008395/future-fund-edging-towards-200-billion#sheppnews
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