Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 400 results for "sovereign wealth"

Future Fund hires chief economist

ANNABELLE DICKSON  |  WEDNESDAY, 24 NOV 2021
The $199 billion sovereign wealth fund hired from Wellington Management for its inaugural chief economist. Toby Johnston will commence the role on January 27 and will report directly to the Future Fund's chief investment officer Sue Brake. He will lead ...

BlackRock Australia expands client distribution team

CHLOE WALKER  |  THURSDAY, 18 NOV 2021
... team based in Melbourne, where she will be responsible for developing and maintaining relationships with local sovereign wealth funds, government agencies and superannuation funds. Ortega joins from J.P. Morgan's London office and brings over 10 ...

Former Women in Super chief joins AIST

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
... Goldman Sachs Asset Management in London where she worked with Northern European and Middle Eastern pension and sovereign wealth funds. Buckley was also a private banking relationship manager at Coutts and a foreign exchange associate at Banco Atlantico. ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... performance fees incurred. In the latest financial year results, three out of four areas drove up costs for the sovereign wealth fund: agency remuneration (up 16%), consultant fees (up 22%) and agency operations (up 28%). Contract costs with investment ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... commercially sensitive information. The Senate Committee report released this week on disclosure obligations for the sovereign wealth fund recommends it be exempt from disclosing asset prices so as not to undermine its ability to compete on the global ...

Future Fund hires people and culture chief

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
The sovereign wealth fund appointed a chief people and culture officer following an extensive search. Kimberley Reid joined the executive team and reports to chief executive Raphael Arndt. She was first appointed interim chief people and culture officer ...

AustralianSuper ups stake in WestConnex

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... alongside Transurban, which owns 50% of STP and operates WestConnex on behalf of the owners, and global pension and sovereign wealth funds Canadian Pension Plan Investment Board, Caisse de dépôt et placement du Québec (CDPQ) and Tawreed Investments. ...

Gauging the Future Fund's MySuper potential

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... renewed, Rainmaker Information has run the numbers on what that might look like. Speculation over whether the sovereign wealth fund should be charged with managing Australians' retirement savings has mounted in recent weeks on the back of senator Andrew ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... turning in 22.2% per annum at the end of June 2021. In releasing the financial year results this morning, the sovereign wealth fund also saw assets under management reach $196.8 billion. Chief executive Raphael Arndt said: "The strong returns of this ...