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Showing 1 - 10 of 49 results for "Future Fund Board"

Greg Combet to succeed Peter Costello as Future Fund chair

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... been designated as the interim chair of the Future Fund, assuming the position on February 4. Reemst joined the Future Fund Board of Guardians for a five-year term in October last year. The government also appointed Nicola Wakefield Evans and Rosemary ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... markets in 2007, but its investment exposures grew as China developed into a critical financial market. While the Future Fund Board of Guardians asserts that its processes are designed to prevent investments contravening Australian sanctions, Paterson ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

Future Fund finds new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... officer responsibilities from Future Fund chief executive Raphael Arndt, who's acted in the role since June 2022. Future Fund board of guardians chair Peter Costello said Samild's appointment highlights the depth of talent in the Future Fund's investment ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... delivered a positive 1.1% return over the 12 months ending March 2023, surpassing the ASX (0.1%) and S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve and the Reserve Bank ...

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 ...

Future Fund battles challenging markets

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
... funds. "Over the March quarter, global equity markets turned down sharply, and the Australian market was flat," Future Fund Board of Guardians chair Peter Costello said. "A large part of this was due to rising inflation which will lead to higher interest ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... banker and as a lawyer at Morgan Stanley, JP Morgan and Linklaters & Paines. She is currently a member of the Future Fund Board of Guardians, a non-executive director of Scentre Group and the General Sir John Monash Scholarship Foundation. She has also ...

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... Bill 2021 amends the Freedom of Information Act to provide a partial exemption for documents handled by the Future Fund Board and Agency related to its investment activities. This would reduce the risk of disclosing highly sensitive confidential or commercial ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... DisabilityCare Australia Fund. Total managed assets across all six funds reached $245.8 billion at 30 June 2021. Future Fund board chair Peter Costello commented: "COVID-19 has accelerated many significant changes in the nature of work and in household ...
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