Prediction markets hit this fundie’s returns. Here’s what he’s buying now

Nathan Hughes is a portfolio manager in the Australian equities team at Perpetual. The team oversees around $12 billion in assets.

The fund’s biggest single allocation is to cash and fixed interest – is that a reflection of bottom-up asset allocation or the macroeconomic environment?

Source: https://www.afr.com/markets/equity-markets/prediction-markets-hit-this-fundie-s-returns-here-s-what-he-s-buying-now-20260618-p60852