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Showing 231 - 240 of 514 results for "sovereign wealth"

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... its 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 ...

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
... 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, developed-market equities and emerging-market equities mandate ...

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
... majority of institutional investors within pension funds, insurance companies, endowments and foundations, and sovereign wealth funds. The prospect of higher long-term returns (44%), risk management (43%) and the illiquidity premium (43%) are also driving ...

Sustainable ETF demand skyrockets

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
... are supported by institutional investors with sustainable mandates, particularly Scandinavian public pension, sovereign wealth, and insurance funds," Morningstar wrote. This is thanks to countries like France making climate-related reporting for institutional ...

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
... executive and investment committees. Previously, Barlow held executive positions at global investment firms and sovereign wealth funds such as the New Mexico State Investment Council and Hastings Funds Management. Esther Kerr-Smith, who was recently ...

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 ...