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Showing 261 - 270 of 658 results for "Future Fund"

Publisher slammed for Future Fund claim

HARRISON WORLEY  |  MONDAY, 2 SEP 2019
A publishing house that claimed investors could mimic the performance of the Future Fund has been slapped with a $600,000 fine by the Federal Court. Online publishing company Port Phillip Publishing (PPP) has been ordered to pay a $600,000 penalty by ...

Future Fund returns 11.5%, crosses $160bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... Peter Costello likening the returns to that of a "high growth" superannuation option but with much lower risk. The Future Fund now manages $162.6 billion, after adding about $14 billion in investment earnings in the six months between December 2018 and ...

Sovereign wealth fund plans Ancestry.com retreat

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
... health companies as the public markets offered up fewer IPO and other opportunities. Australia's $150 billion Future Fund backed a California-based tech startup in June.

Future Fund voted down Pinnacle equity grants

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
... Management's managing director Ian Macoun and two executive directors, a summary of its proxy voting for FY19 shows. Future Fund was happy to support re-election of executive director Andrew Chambers but voted against an equity grant proposal for ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... Trust was the sixth-largest custodian ($403 billion), and has several public sector funds as its clients including Future Fund, QIC, Commonwealth Superannuation Corporation (CSC), Government Employees Superannuation Board (GESB), New Zealand Superannuation ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
... Sovereign investors recorded 4% in returns in 2018, down from 9% the year before as the equity markets fell. Australia's Future Fund delivered 5.8% in the year ending December 31 and trimmed slightly its listed equities holdings. "Eighty nine percent ...

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... products in the industrial sector. California's Everactive raised $30 million in a recent funding round, of which Future Fund was the lead investor. Other investors include Blue Bear Capital, ABB Technology Ventures, New Enterprise Associates (NEA) ...

TCorp appoints general manager

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
... financial management solutions to the NSW public sector. It has restructured its investment in the past year, hiring from Future Fund and Mercer.

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... has crossed $150 billion in assets after a strong quarter, as it readies to pitch in to the next Federal budget. The Future Fund returned 5% over the quarter to March end, taking its decade-long performance to 10.4% - 3.9% better than its set target. ...

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
... Aussie client. More business could flow from Northern Trust's custody clients, which include the $147 billion Future Fund, QIC Commonwealth Superannuation Scheme, Crestone Wealth Management, Mercer, NZ Super and Government Employees Superannuation ...