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Future Fund appoints to boardBY KANIKA SOOD | MONDAY, 12 NOV 2018 11:28AM
Future Fund has appointed a former UBS global asset management chief as it renews the board of the $149 billion sovereign wealth fund, including topping up chair Peter Costello's term.Read more: Future Fund, UBS, Peter Costello, John Fraser, John Poynton, Reserve Bank of Australia, Carolyn Kay, Erin Flaherty, Jane Wilson, Michael Wachtel
Lifecycle MySuper was a better bet than single strategy default funds for members below 40 years of age in FY21 as the equity markets rebounded after COVID, according to Rainmaker Information.
The advice group has appointed a head in Queensland, reporting to chief executive Terry Dillon.
Australia's exchange traded product market reached $115 billion at the end of June 2021, increasing 76% in 12 months - but according to Rainmaker research, only a small portion of that growth came from performance.
The chair of Clime Investment Management and one of its shareholders are calling for the removal of long-serving executive Neil Schafer.
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