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Showing 111 - 120 of 131 results for "Guardians"

Costello's Future Fund career over before it started

ALEX DUNNIN  |  MONDAY, 22 JUN 2009
... growing fund. For example, the board already has a chairman in former CommBank chief executive David Murray and six guardians. Any role for Costello would have only been to join the board as an additional guardian or to replace one of the incumbents ...

NZ govt to suspend NZ Super contribs

MICHAEL HOBBS  |  MONDAY, 1 JUN 2009
... to the Board's collective will to add economic value and develop organisational characteristics that will ensure the Guardians' ongoing success. In its Statement of Intent released last week, the fund outlined its five-year plan to 2014. It forecasts ...

Fed's unfunded liabilities balloon to $80bn

ALEX DUNNIN  |  THURSDAY, 28 MAY 2009
... Unfunded liabilities surging faster than anticipated sets up a potential flashpoint between the Future Fund's board of guardians and the Rudd government because while the fund is widely expected to be a major financier behind some of the government's ...

Future Fund hires more managers

RUTH LIEW  |  TUESDAY, 5 MAY 2009
... Advisors each winning a slice of the $529 million invested in property. David Murray, chair of the Future Fund Board of Guardians, also flagged increased investments in debt markets. Goldman Sachs Asset Management and Oak Hill Advisors were both appointed ...

Future Fund posts 6pc loss

RUTH LIEW  |  MONDAY, 2 FEB 2009
... exposures to debt markets to take advantage of higher returns," said David Murray, chair of the Future Fund Board of Guardians. Despite the overall losses, the fund remains staunch in its long term view on investments and will continue to focus on assessing ...

Obama: he's the man

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2009
... today, just as the fallen heroes who lie in Arlington whisper through the ages. We honour them not only because they are guardians of our liberty, but because they embody the spirit of service; a willingness to find meaning in something greater than ...

Future Fund posts 1.81pc first quarter loss

MICHAEL HOBBS  |  TUESDAY, 21 OCT 2008
... excluded from its performance data, generated a 3.23 per cent return for the quarter. David Murray, Future Fund Board of Guardians chair, said the fund is well positioned to weather the financial crisis. "The first quarter saw Australian and global equity ...

NZ Super suffers $568m loss

RUTH LIEW  |  MONDAY, 29 SEP 2008
... the past year. This has partially reversed the gains made while investment markets were performing strongly," said the Guardians' chairman, David May. May laid the blame of the fund's losses on short term turbulence in global equity markets. "The negative ...

Future Fund is $652m richer

MICHELLE BALTAZAR  |  FRIDAY, 29 AUG 2008
... allowed us to benefit from a substantial cash component in the portfolio," said David Murray AO, the chair of the Board of Guardians in a statement. The fund is due to provide a more detailed insight to its portfolio in the annual report due later this ...

NZ Super ends Fisher Funds ties

RUTH LIEW  |  FRIDAY, 28 MAR 2008
The Guardians of New Zealand Superannuation has officially ended their investment relationship with Fisher Funds Management Limited opting to take this aspect of the portfolio direct. NZ Super appointed Fisher Funds back in December 2003 to manage an ...