David Murray

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.

SAM RILEYMarch 14, 2012

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.

SAM RILEYNovember 2, 2011

Uncategorised posts

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.

SAM RILEYAugust 10, 2011

Uncategorised posts

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.

May 18, 2011