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Showing 41 - 50 of 390 results for "Sovereign wealth fund"

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the sovereign wealth fund stands as the Commonwealth's tenth largest expenditure, incurring an annual interest cost of $10 billion. "The $250 ...

Banking sector fears propel family offices towards metals

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
Family offices across the globe are increasingly investing in metals as concerns of banking sector instability grows, according to a new study by Tresor Gold. The research was conducted in April among 100 metals and mining investors working for sovereign ...

Future Fund finds new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... depth of talent in the Future Fund's investment team and represents continuity in the long-term focus of the sovereign wealth fund. "Ben brings a strong understanding of the Future Fund as a long-term investor. He has played an important role in supporting ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
Goldman Sachs Asset Management (GSAM) has successfully launched its inaugural Australian feeder fund off the back of significant demand from local clients. The investment giant said the Aussie feeder fund, launched in the second quarter, provides investors ...

ISPT targets success with revamped leadership

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... and also served as fund manager for the Charter Hall Prime Office Fund. He also previously held roles with sovereign wealth fund GIC, Stockland, and ING Real Estate. Taking on a newly created role, Steven Peters is now the group's chief sustainability ...

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
The world's sovereign wealth funds (SWFs) have doubled their assets under management in the last decade. Preqin's latest Sovereign Wealth Funds 2023 report shows AUM held by funds now totals US$10.4 trillion, as at March end. Notably, US$4.3 trillion ...

Future Fund adds to investment team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... the hire of Toby McMillan as director of unlisted property. McMillan arrives from the $60 billion quasi-sovereign wealth fund Victorian Funds Management Corporation. McMillan worked at VFMC for more than 12 years, most recently as a senior property portfolio ...

Boutique co-founder jumps to AustralianSuper

ELIZABETH FRY  |  FRIDAY, 19 MAY 2023
... taking on a new role at AustralianSuper. At the same time, one of the fund's portfolio managers is joining a sovereign wealth fund. The $260 billion superannuation fund has added Megan Talmage to its equities team as portfolio manager of portfolio construction ...

Wendy Norris quits Future Fund

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... officer. Deputy chief investment officer of change and Innovation Wendy Norris has quit Australia's sovereign wealth fund after 13 years to take up the position of chief executive at OneFortyOne. OneFortyOne is a vertically integrated Trans-Tasman ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... increases, it's unlikely the cycle of rising rates to control inflation is finished," Costello said. While the sovereign wealth fund's 10-year return was 9.1% per annum, besting its 6.8% target, Costello added that the board expects real returns to be ...