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Showing 591 - 600 of 4449 results for "The Future"

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
The current high interest rate environment is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year ...

Equip Super welcomes new chair

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
... Super team," Casey said. "I have enjoyed my time at the fund and wish Michael and all at Equip Super all the best for the future." Cameron said he is looking forward to joining one of Australia's oldest superannuation funds. "Equip Super is in a ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... Caroline Bowler called the consultation a "positive progression for the crypto industry." "Digital assets are so clearly the future of financial services," she said. "It's imperative the country keeps pace with our international peers, with a robust ...

AustralianSuper merges real assets functions

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
... blurring of investment opportunity classification across the two asset classes, which we expect to only increase in the future." The new structure also aligns to the fund's objective of sourcing large-scale transactions as well as building real asset ...

Future Fund refreshes investment team

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
The Future Fund is refreshing its team structure, appointing two deputy chief investment officers. The addition of the new roles follows the appointment of Ben Samild as chief investment officer in August. Hugh Murray is one of the new deputy chief ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
The Irish government will establish the Future Ireland Fund to help meet costs of the future, including those posed by its ageing population, and is targeting €100 billion by the mid-2030s. Announced as part of the country's 2024 budget package, finance ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
Peter Costello has informed the government he will not pursue a third term as the chair of the Future Fund. A formal, merit-based search is now underway for a new chair of the $250 billion sovereign wealth fund, with the government viewing future board ...

Farmers distressed by superannuation tax overhaul

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... of indexation for the $3 million threshold in the draft laws could increasingly encroach on more farming assets in the future. The government claims the reforms will impact just 0.5% of superannuation account holders; however, ATO data suggests non-indexation ...

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
... history with this asset in Tasmania and are delighted to bring together like-minded, long-term partners to support the future of forestry in Australia," said New Forests chief executive Mark Rogers. "We'll be looking at ways to add further value, harnessing ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...