Australia’s Sovereign Wealth Fund is considering investments in distressed debt.

Australia’s sovereign wealth fund has been increasing its investments in distressed debt within its substantial private markets portfolio, identifying growing opportunities across the global credit landscape.

Future Fund Chief Executive Officer Raphael Arndt mentioned that while they are not observing widespread underperformance in credit, there are specific opportunities, particularly in real estate and private equity. “We have allocated some funds to these strategies,” he added.