N🟁N

Australia's Future Fund invests in the global arms industry. Are the returns worth it?

The Future Fund, Australia's sovereign wealth fund, has invested in major weapons and aerospace manufacturers, including companies like Lockheed Martin, Raytheon, and BAE Systems, as reported by ABC News. This investment strategy reflects a shift towards sectors that are seen as stable and growth-oriented, particularly in light of global security concerns. The fund's portfolio includes significant stakes in defense contractors, which are part of a broader investment in the aerospace and defense industry. This move has sparked a debate about the ethical implications of such investments, especially given the fund's role in securing Australia's financial future. Critics argue that investing in arms manufacturers contradicts the fund's long-term sustainability goals, while supporters highlight the economic benefits and the necessity of defense in an unstable world.

Read the Full Australian Broadcasting Corporation Article at:
[ https://www.abc.net.au/news/2024-12-01/future-fund-invests-weapons-arms-aerospace-manufacturers/104665338 ]