Gordon Hagart, who spent four years at the Future Fund, is set to join the Australian Council of Superannuation Investors. The Future Fund has already begun to seek his replacement.
Tag : future fund
Despite reducing its exposure to hedge funds, the Australian state investor retains a substantial allocation to the asset class – but is especially keen on equities right now.
Australia’s sovereign wealth fund is building up its emerging markets allocation and capabilities. It also aims to have more direct involvement in its private equity investments.
Like other institutional investors, Australian’s $82 billion government fund is moving into riskier assets in search of higher returns.
The market is left to speculate on Paul Costello’s replacement as general manager of Australia's Future Fund as he announces his plan to leave at the end of this year.
For a country in drought, Australia has no shortage of superannuation liquidity. The challenge: where to invest it?
Chairman David Murray explains how the A$18 billion Future Fund will work and when it will make its first investments.