Future Fund chief executive Raphael Arndt has warned the Trump administration’s protectionist policies threaten the US dollar’s status as the dominant global currency and could force investors to reduce their holdings.
Arndt was speaking on a panel at the Milken Global Conference in Los Angeles, which has drawn global investors and business luminaries including the world’s richest man Elon Musk and media mogul Rupert Murdoch.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
