Prediction markets hit this fundie’s returns. Here’s what he’s buying now (opens original article in a new tab)

Prediction markets affected a fundie's returns, with the fund's largest allocation being cash and fixed interest.

• MarketsEquity MarketsFundie Q&A discusses prediction markets impact on returns
• Nathan Hughes is a portfolio manager at Perpetual overseeing $12 billion in assets
• The fund's largest allocation is to cash and fixed interest