Peter Costello: Governments must keep hands off Future Fund
Retiring Future Fund chairman Peter Costello says governments must not be allowed to use the $200 billion sovereign wealth fund to support nation-building.
Stay updated with breaking news from While The Future Fund. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Retiring Future Fund chairman Peter Costello says governments must not be allowed to use the $200 billion sovereign wealth fund to support nation-building.
Six years after it fired all its active equity managers, the Future Fund is looking for stock pickers with true skill to navigate a world where fundamentals matter again.
Australia’s sovereign wealth fund has repositioned its $200 billion portfolio for a world of higher inflation and increased volatility, favouring commodities.
CEO Raphael Arndt says cash is the “worst” investment in inflationary times. Here’s how the sovereign fund is positioning its near $200 billion portfolio to win.
New chief executive, David George, says shareholders will have to wait until October for his plan to restore the asset managers’ fortunes.