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Showing 161 - 170 of 654 results for "Future Fund"

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... exchange hedges. Additionally, AMP remains eligible for a potential cash earn-out of up to $180 million, contingent on future fund raising for Global Infrastructure Fund III and Global Infrastructure Fund IV. In an ASX announcement, AMP said the completion ...

Future Fund reports 3.7% loss for 2022

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
Future Fund has posted a -3.7% return for calendar year 2022. Its chair Peter Costello explained that the S&P ASX 200 falling 5.5% and the S&P 500 dropping 13.6% caused the Future Fund to deliver a negative outcome. "The cycle of rising rates to control ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
The government is proceeding with a legislative amendment to exempt Australian subsidiaries of the Future Fund board from corporate income tax. Currently, the Future Fund board is exempt from income taxes, but this exemption doesn't extend to its ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... in some cases figures from June 2021 were used. There are six local entities that make the Asset Owners 100, with Future Fund ranking the highest at 37 th with US$185 billion. AustralianSuper ranked 43 rd with US$169 billion, Aware Super 71 st with US$107.5 ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... committing $500 million to support the construction of new social and affordable homes through the Housing Australia Future Fund (HAFF) as part of the national Housing Accord. Cbus chair Wayne Swan said the fund's commitment to the Housing Accord aligned ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... affordable and social housing dwellings. The government also indicated it will invest $10 billion in the Housing Australia Future Fund to generate returns from building 30,000 new social and affordable homes in the fund's first five years. Nevertheless ...

Super funds, sovereign investors back $1bn VC fund

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... $1 billion. Investors include AustralianSuper, Hostplus, HESTA, Aware Super, Telstra Super and NGS, as well as the Future Fund, New Zealand Growth Capital Partners' Elevate fund and ACC. The fund is also supported by over 270 individual investors, Blackbird ...

Future Fund proves resilience to market shocks

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
The Future Fund produced a return of -0.6% for the first quarter of the financial year, while developed listed markets fell 5.2%. The sovereign wealth fund's assets under management (AUM) are now $193 billion, falling by $1.25 billion over the quarter. ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... consistent way," chief executive Denita Wawn said. The government is also introducing the $10 billion Housing Australia Future Fund to increase housing supply and improve service delivery. The fund will provide 20,000 new social housing dwellings, 4000 ...

Future Fund adds to ESG leadership

RACHEL ALEMBAKIS  |  FRIDAY, 9 SEP 2022
The Future Fund has recruited a high-profile industry executive to its investment stewardship team. Karin Halliday will join the Future Fund as director, investment stewardship and ESG, the sovereign wealth fund has confirmed. Halliday will report to ...