Future Fund

The problem with high expectations is that you have to keep meeting them. And after a year where some funds returned 20 per cent, investors and super members are expecting more, more, more. Investors are relentlessly cheerful creatures. According to Schroders’ latest Global Investor Study, Australian investors (defined here as those expecting to invest the…

A new network of investment professionals has backed the ESG integration trend among both asset owners and fund managers with a report which draws on the views of leading investors including the Future Fund and NZ Super. Titled ‘Alpha with Impact’, the report was published last Friday (August 27) to coincide with the first member…

While Australia’s sovereign wealth fund has seen a massive return of 22 per cent, the good times won’t last. China tensions are weighing heavily on Peter Costello’s outlook. Rebounding from a negative 0.9 per cent return during the depths of Covid-19 is no small feat, but Peter Costello, Future Fund chairman, told media on Thursday…

Liberal senator Andrew Bragg believes the Future Fund should be made Australia’s default superannuation fund. But national superannuation is a political minefield. In conversation with Simon Cowan, research director at the Centre for Independent Studies, Bragg called compulsory superannuation a “fundamentally illiberal, paternalistic policy” and said that the Australian government should “take its responsibilities more…

Big sovereign and public sector funds globally have skewed their investments to their domestic markets since the outbreak of covid-19, according to a report by Global SWF. However, the two Australasian sovereign funds, Future Fund and New Zealand Superannuation Fund, have stayed the course with their investment strategies, according to spokespeople for those organisations. The…

The Future Fund has come first out of the world’s 100 largest sovereign and public pension funds in the latest ranking by the Global SWF group on governance, sustainability and resilience. It is the second year in a row that the Australian fund has been the only one to score positively in all of the…

Lee Hatton has departed Suncorp as its chief executive of banking and wealth after just three months in the job. Hatton acknowledges that her departure is due to the impacts of the commute from Sydney to Brisbane on her family. Bruce Rush has been appointed as acting chief executive of banking and wealth until a…