Politics mars appointment of Australian SWF chair
Australian’s $A73 billion ($77 billion) sovereign wealth fund has a new Government-appointed chairman and board member in a process that has become embroiled in politics.
Politics mars appointment of Australian SWF chair
Australian’s $A73 billion ($77 billion) sovereign wealth fund has a new Government-appointed chairman and board member in a process that has become embroiled in politics.
Sort content by
Future Fund goes defensive
Australia’s sovereign wealth fund, the Future Fund, has lost more than $2 billion in the September quarter, as global share markets tumbled – despite reducing its equity exposure and moving more into defensive assets, such as cash.
Future Fund lags behind long-term objectives
Australia’s $77.63 billion Future Fund is lagging behind its long-term investment objectives, achieving a nominal annual return of 5.2 per cent over the past five years.
Myths may shackle SWFs
Chair of the A$75billion ($79bn) Australian Future Fund, and outgoing chair of the International Forum of Sovereign Wealth Funds, David Murray (pictured), believes sovereign wealth funds are at risk of discrimination if some key myths about their structure and investment intentions are not discussed.
Uncategorised posts