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| | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 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 ... |
| | | | ... liable to lead funds to perverse decisions on asset allocation rather than an appropriate assessment of risk, the Future Fund's chief investment officer has warned a superannuation gathering. In times of extreme market volatility, the tendency to lower ... |
| | | | ... David Gonski will resign as chair of the ASX Group to replace former CBA boss David Murray as the new chair of the Future Fund, in charge of nearly $90bn in assets. The government has also appointed Morgan Stanley Australia head, Steven Harker, to the ... |
| | | | ... attracted local institutional mandates worth A$1.4bn, including a developed market equity mandate from the sovereign Future Fund. "Southeastern focuses on developing relationships with like-minded investors who share our long-term horizon and partnership ... |
| | | | A new report by the Centre for Independent Studies says the Future Fund, Australia's de facto sovereign wealth fund, far from being a fiscally responsible way to rebalance intergenerational equity, is economically flawed. The reasoning behind the fund ... |
| | | | ... SMSF portfolios carry too much equity risk he said, with a heavy skew to Australian equities. While the Australian future fund carries just 10% of its portfolio in Australian equities, the allocation of the average SMSF is around 36%, McCormick said. ... |
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