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Showing 41 - 50 of 231 results for "Peter Costello"

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 ...

Future Fund surges to $123 billion

ALEX DUNNIN  |  MONDAY, 31 OCT 2016
... strengthen the Commonwealth's long-term financial position," said Future Fund Chair, former Commonwealth Treasurer, Peter Costello. Since then, however, its scope has expanded to operate as a de facto sovereign wealth fund insofar as its capital returns ...

Top boutique in first push for new investors

MARK SMITH  |  FRIDAY, 30 SEP 2016
... fund each come from different backgrounds. Before joining Paradice, Mitchell worked in the Treasury underneath Peter Costello and describes himself as a macroeconomist. Ng used to be a management consultant for Bain & Company. Portfolio manager Wiemin ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER  |  MONDAY, 19 SEP 2016
... defined regulatory regime in a globally scarce infrastructure subsector." Future Fund Board of Guardians chair Peter Costello described the port as "a high quality asset and an important link between Australia and its trading partners." "We're delighted ...

Future Fund ahead of target on tenth birthday

MARK SMITH  |  THURSDAY, 1 SEP 2016
... urgent way, but as returns have come down and risks have risen," he said. Future Fund chairman and former Treasurer Peter Costello said: "There will be difficult trading conditions going forward. Returns are at historic lows - looking at 10 and 30-year ...

Future Fund keeps powder dry

MARK SMITH  |  FRIDAY, 22 APR 2016
... authorities, having stimulated so much, have less flexibility now to respond to future weakness," Future Fund chair Peter Costello said. "Given this, we have less risk in the Future Fund than we would under more normal circumstances. We keep our objective ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
... wouldn't be surprised if Reserve Bank of Australia (RBA) Governor had that all too familiar (former Federal Treasurer) Peter Costello's smirk on his face as he presided over the bank's first Board meeting this year. I might be being overly too presumptuous ...

Future Fund puts in another strong year

MARK SMITH  |  WEDNESDAY, 27 JAN 2016
... 2015 and 7.7% per annum since inception in May 2006, comfortably ahead of its CPI +4.5% target of 7% per annum. Peter Costello, chairman of the sovereign wealth fund commented: "The Future Fund has a track record which the country can be proud off."

Future Fund awarded sovereign investor of 2015

DARREN SNYDER  |  TUESDAY, 19 JAN 2016
... "It has emerged as a role model for other sovereign funds grappling with similar challenges." Future Fund chair Peter Costello said the award was a credit to all those who work for the fund and it's something Australians can be proud of, as the fund ...

OPINION: Super is Murray's big rock

ANDREW BRAGG  |  WEDNESDAY, 18 NOV 2015
... Keith Campbell and Stan Wallis. Paul Keating pushed deregulation through after the Campbell Inquiry (1981) and Peter Costello created the "twin peaks" regulators of APRA and ASIC after Wallis (1997). With these changes, Keating created a competitive ...