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AAP
AAP
Business
Marion Rae

RARE PHOTOS: Future fund a beginner on climate risks - The Real Truth

Future Fund Australia
Australia's sovereign wealth fund has no set goals for portfolio decarbonisation or green investment (Dave Hunt/AAP PHOTOS) (AAP)

Australia's Future Fund is a "beginner" when it comes to managing climate risk, an independent report has found.

The sovereign wealth fund's board of guardians has almost $250 billion in assets under management, mostly handled by external managers with an eye on long-term returns.

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