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Showing 221 - 230 of 491 results for "Sovereign wealth fund"

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... fee spend by each asset class, instead of the total-portfolio figure it usually reports. The $163 billion sovereign wealth fund uses 'total portfolio approach' meaning it only publishes returns and fees for the total portfolio. It does not report ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
Australia's sovereign wealth fund grew 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's ...

UBS, Insight IM win Future Fund mandates

KARREN VERGARA  |  MONDAY, 19 OCT 2020
UBS and Insight Investment Management won significant mandates last financial year, helping manage the equities portfolio for the $161 billion Future Fund. According to the sovereign wealth fund's FY20 annual report, UBS won an Aussie equities ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... charges in Malaysia against the Wall Street bank for its role in helping to raise hundreds of millions for a sovereign wealth fund that was used as a personal piggy bank. The bank was fined $2.5 billion and guaranteed the return of $1.4 billion in assets ...

Instos dial up alternatives allocations

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
Most institutional investors are seeking alternative investments to safeguard against COVID-19 volatility. New CoreData Research reveals nearly half (40%) of the 459 participants it surveyed between June and July will ramp up allocations to alternatives ...

Future Fund risk aversion not at historic levels

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
The sovereign wealth fund yesterday warned about investing cautiously in a COVID world, but a look at its historic risk taking shows it has been more risk averse before. "Now, more than ever, we are conscious of our obligation to avoid 'excessive risk'. ...

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
The $161 billion sovereign wealth fund today reported a return of -0.9% for FY20 and increased its cash holdings by about $11.8 billion in the three months since March end. This is the Future Fund's second year of negative returns in its 15-year life ...

Australian Unity investments GM to depart

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
The executive general manager of investments at Australian Unity Wealth is departing in mid-September as the business looks to restructure the role and the responsibilities of the chief executive. Geraldine Barlow joined Australian Unity in May 2016 ...

Charter Hall, sovereign wealth fund partner

JAMIE WILLIAMSON  |  MONDAY, 17 AUG 2020
Charter Hall has partnered with a $140 billion sovereign wealth fund to acquire a 49% stake in the $1.4 billion Ampol Property Trust. Charter Hall and Singapore's sovereign wealth fund GIC have together acquired almost half of the portfolio which ...

Former Aberdeen duo back with Sydney boutique

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... and literally...For example Canadian, US [like CalSTRS or CalPERS], Dutch pension funds or GIC [Singapore sovereign wealth fund], if they have commercial real estate or infrastructure portfolio assets or prospects, where we can take instructions from ...