Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 441 - 450 of 654 results for "Future Fund"

AustralianSuper threatens to sue the Future Fund

STAFF REPORTER  |  THURSDAY, 28 FEB 2013
AustralianSuper has threatened to sue the Future Fund over its purchase of a stake in Perth airport, the Australian Financial Review has reported. This morning the Australian Financial Review reported that it had obtained a letter, sent on Monday on ...

Future Fund returns 12.8% for 2012

BEN COLLINS  |  WEDNESDAY, 6 FEB 2013
Improving global investment markets helped Australia's Future Fund gain more than $9 billion in 2012. The Future Fund, created in 2006 to invest retirement savings on behalf of Australia's public sector employees, also made a return of more than 12% ...

NZ Super Fund named world's most innovative

MARK STORY  |  THURSDAY, 6 DEC 2012
... Wealth Fund category in the 2012 aiCIO Industry Innovation Awards in New York. The other finalists were the Australian Future Fund; Singaporean fund GIC; Norges Bank Investment Management and the State Oil Fund of Azerbaijan. Chairman Gavin Walker said ...

Give super fund directors more time: Gonski

MARK SMITH  |  MONDAY, 3 DEC 2012
Future Fund chairman David Gonski is diametrically opposed to frequent re-election of superannuation fund directors. Instead he says that board members' tenures should be structured as three terms of three years or two terms of five years. "Annual re-elections ...

Future Fund to buy airport assets

BEN COLLINS  |  MONDAY, 26 NOV 2012
A suite of minority investments in airports in Australia and Europe has been picked up by the Future Fund under a new agreement. In a statement released today the Future Fund's board of guardians said it had agreed to buy all the assets in the Australian ...

CBUS investments in CMFEU sights

ALEX DUNNIN  |  FRIDAY, 23 NOV 2012
... close relationships with the builder. Union protests against the fund mirror similar calls last month against the Future Fund to selldown its tobacco stock holdings, plus media scrutiny against UniSuper in December last year following concerns at the ...

Future Fund 'under-resourced' on climate risks

MARK STORY  |  FRIDAY, 19 OCT 2012
Still smarting over a Senate Committee gruelling over its tobacco investments, the Future Fund - the largest fund in Australia - is being accused of insufficient transparency over climate-change risk mitigation within its portfolio. A FOI search two ...

Future Fund tarred by its tobacco stocks

ALEX DUNNIN  |  THURSDAY, 18 OCT 2012
An otherwise robust performance by the Future Fund was undermined this week when its senior executives were forced to justify their tobacco investments before a Senate Committee. Appearing before the Finance and Public Administration Legislation Senate ...

Australia can't afford complacency: Murray

MELANIE TIMBRELL  |  THURSDAY, 4 OCT 2012
Former Future Fund chairman David Murray has warned that Australia is far too dependent on the rest of the world for both trade and capital to be assured of avoiding a European-style crisis. Speaking to the ABC last night, Murray said a downturn of ...

Retail MySuper to put NFPs on back foot

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
... sector producing the cheapest default products and industry funds forced to a defensive stance on costs, a former Future Fund boss has warned. Labelling ING Direct's newly launched Living Super product a "game changer," Paul Costello, chairman of Blackstone ...