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Showing 461 - 470 of 654 results for "Future Fund"

Gonski to join APS board

MELANIE TIMBRELL  |  WEDNESDAY, 27 JUN 2012
Renowned businessman and new head of the Future Fund, David Gonski, will soon add Australian Philanthropic Services to his stable of board appointments. Chris Cuffe, founder and chairman of APS announced the appointment following a statement welcoming ...

SWFs to reach $30tr in 20 years

ALEX DUNNIN  |  MONDAY, 18 JUN 2012
... account for 58% of all SWFs. They do not, however, include government sector pension funds, explaining why Australia's Future Fund, established to set aside monies to help pay future costs of public sector superannuation liabilities, is not always recognised ...

NSW universities face $4.3bn in super liabilities

BEN COLLINS  |  MONDAY, 4 JUN 2012
The New South Wales auditor-general has cited a "critical need" for NSW universities to negotiate funding arrangements for superannuation liabilities with the Australian Government, after an audit of the state's 10 universities. The affected schemes ...

UniSuper bolsters listed infra exposure

MELANIE TIMBRELL  |  TUESDAY, 8 MAY 2012
... acquired ConnectEast," Bone said. UniSuper picked up its additional stake at the time of the sale, along with the Future Fund, which also took advantage of the discounted price, increasing its holding to 6.78% with a $192.7 million investment. UniSuper ...

Future Fund returns 5.4pc for Q1

BEN COLLINS  |  WEDNESDAY, 2 MAY 2012
The Future Fund yesterday released its portfolio update for the quarter ending 31 March 2012, showing a return for the quarter at 5.4% and 2.2% for the financial year to date. The results show that since the first contribution to the Future Fund on ...

SWFs jump 16% to $4.62tr

ALEX DUNNIN  |  MONDAY, 16 APR 2012
... assets and geography and this trend is expected to continue, he said. According Rainmaker, Australia's de facto SWF the Future Fund, holds only about 5% of its FUM in private equity instead showing a preference for hedge funds to gain its alternatives ...

ACT super account takes $450m GFC hit

ALEX DUNNIN  |  FRIDAY, 13 APR 2012
... public sector workers. The fund is one of several around the world that were the inspiration behind the aptly named Future Fund. The shortfall, reported by the Canberra Times, follows release of the territory's mid year MYFEO statement. While the accounting ...

SWFs have liabilities to manage too

ALEX DUNNIN  |  THURSDAY, 5 APR 2012
... biggest user of SWFs with four funds controlling an aggregate $1.1 trillion or 23% of the sector. Australia's SWF, the Future Fund, is the 13th largest. The primary reason nations establish a SWF is to manage windfall export income from oil reserves ...

ASX appoints Gonski replacement

ELISE BURGESS  |  THURSDAY, 29 MAR 2012
... Roderic Holliday-Smith will succeed David Gonski as chairman of directors on the ASX Board as Gonski departs for the Future Fund. Gonski resigned as chair of the ASX Group on March 14 to replace former CBA boss David Murray as the new chair of the Future ...

Future Fund builds Aust infra exposure

ELISE BURGESS  |  TUESDAY, 27 MAR 2012
Future Fund has purchased 35 million shares in toll road operator Transurban for $192.7 million, to hold 6.78% as the fund continues its build its exposure in Australian infrastructure. Purchased through infrastructure fund manager RARE Infrastructure ...