“For a long time we thought Australian assets were expensive — at the moment we think they’re fair,” he said.
Australia’s sovereign wealth fund is tilting its investment focus to domestic assets, as it seeks inflation protection and rides out a global trend toward protectionism.
The Future Fund is focusing more on local investments such as infrastructure, private credit and data centers, CEO Raphael Arndt said in an interview. Australian assets are looking cheaper than in the past, he said.
