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Showing 321 - 330 of 658 results for "Future Fund"

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
The Federal Government has said drawdowns from the Future Fund will not commence in 2020-21 in order to preserve returns. As per the Future Fund Act 2006, drawdowns from the Future Fund were expected to commence at this point to meet the unfunded liabilities ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... personal income tax receipts, the $17 billion increase in annual company tax receipts, the $13 billion in cumulative Future Fund earnings, GST annual revenue growing $10 billion and the $4 billion increase in annual superannuation fund taxes. This will ...

Markets ignoring climate crisis: Hewson

ALEX BURKE  |  WEDNESDAY, 26 APR 2017
... by the AODP, suddenly Hewson noticed other large investors wondering how this was done. "When we first spoke to the Future Fund, they told me to piss off. They said they didn't have the resources to implement that kind of plan, even though, say, Catholic ...

Former Future Fund MD joins HESTA

ALEX BURKE  |  TUESDAY, 11 APR 2017
... new investment strategy in January, HESTA has created a new investment committee and appointed three members. Former Future Fund managing director Mark Burgess will chair the committee, while former QIC chief executive Melda Donnelly and former Rothschild ...

QIC answers global infrastructure demand

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2017
... operator of the Iona Gas Plant; the Powering Australian Renewables Fund which is a joint investment with AGL and the Future Fund; and the Port of Melbourne - assets secured since the fund's first close in August 2015. QIC chief executive Damien Frawley ...

Future Fund cautious on risk and return

DARREN SNYDER  |  TUESDAY, 31 JAN 2017
Future Fund chairman Peter Costello is adamant the global investment environment remains risky and offers little return, weighing considerably on the $127 billion sovereign wealth fund's strategy. Announcing a 7.8% return for the 2016 calendar year ...

QIC closes renewable energy fund

JAMIE WILLIAMSON  |  THURSDAY, 19 JAN 2017
The Powering Australian Renewables Fund, on behalf of the QIC Global Infrastructure Fund and the Future Fund, has reached financial close on the Silverton Wind Farm. QIC announced it had achieved the $450 million required to fund the development of ...

Hedge fund standards board expands APAC team

ALEX BURKE  |  TUESDAY, 10 JAN 2017
... Asia-Pacific hedge funds. They will work alongside representatives from international institutional investors including the Future Fund, Albourne, CPPIB, GIC, and PAG. "We welcome Danny and George to our APAC committee and are thrilled by how the Asia-Pacific ...

Burgess to chair Yarra Capital

KERRIE SYDEE  |  FRIDAY, 9 DEC 2016
Former managing director and president of the Future Fund, Mark Burgess, will become independent chair of a GSAM spinoff following the completion of a management buyout. Slated for the end of December, the completion of the management buyout of GSAM's ...

Future Fund surges to $123 billion

ALEX DUNNIN  |  MONDAY, 31 OCT 2016
The Future Fund has issued its 2016 annual report confirming that its investment performance is ahead of its long term target benchmark. The Future Fund, now valued at $123 billion, was established in 2006 as a fiscal fund to offset Australia's ballooning ...