Yesterday
ASIC’s Joe Longo sleeps on private market advice
The regulator’s chairman sought feedback from the market about private markets. Almost half the submissions received are confidential.
This Month
Future Fund-backed OneFortyOne in mega forestry deal
The biggest forestry deal by an Australian-owned firm in a decade comes as the country prepares for the next home-building boom.
May
Reserve Bank, Future Fund register big gender pay gaps
Money laundering regulator AUSTRAC is a notable exception when it comes to the big financial agencies, reporting no median gender pay gap.
Dexus’ Melbourne Airport fund investors call in lawyers for battle
Lawyers have been called in to fight what could be a long court battle on behalf of wealthy investors who bought into a special fund holding Melbourne Airport.
Future Fund predicted the new world order. Here’s what it’s doing now
The $241 billion sovereign wealth fund saw Donald Trump’s world coming four years ago. Chief executive Raphael Arndt is now adapting his battle plan.
Woodside shrugs off investor backlash over climate inaction
Shareholders hit the oil and gas group with a protest vote after accusing the board of dragging its heels on environmental action.
Trump could force investors to dump US dollar, says Future Fund
The sovereign wealth fund said there was more risk in US investments, and even though America remained attractive the fund was looking toward Europe, Japan and Australia.
Junk bond king hosts deal-maker fest
Michael Milken’s annual gathering in Los Angeles attracts the most powerful names in finance, but the real action is on the sidelines.
April
Aware Super ropes in ex Future Fund CIO, Mac bigwig
Both have been appointed for an initial period of two years, and will oversee the management of the investment portfolio as well as advise Aware Super’s board
March
A trillion-dollar sovereign wealth fund could be Trump’s grandest plan
There are plenty of big assets that could be sold to get the White House’s hopes in motion. Investors are already being told not to underestimate the impact.
Future Fund set to buy into Transgrid amid hefty energy transition bill
Future Fund is preparing to invest in TransGrid at a time when it has faced pressure from the Labor government to consider three national priorities – housing, renewable energy and infrastructure.
February
Sanjeev Gupta’s last best asset faces a Ben Brazil-shaped problem
The former Macquarie dealmaker says the British industrialist’s InfraBuild must buy back $800 million in bonds. The company says it is a “nuisance complaint”.
How this man went from a bike accident to $17b
The founder of CDC has found himself rich thanks to big investors who can’t get enough of digital infrastructure. He had dreamed of becoming a champion cyclist.
Canberra Data Centres worth $17b after $2b share sale
The founder expects the company to triple in the next five years after the Future Fund and Infratil increased their holdings.
Infratil, Future Fund scoop up stake in $16b-plus CDC Data Centres
Sources said the deal was signed shortly after 6pm, and would see Future Fund take a bigger piece of CDC than Infratil.
Future Fund grows by $26b riding US stock surge
The sovereign wealth fund has delivered a chunky return after upping its exposure to global equities.
‘US will take over Gaza’: Trump; Lessons from Future Fund’s 3 big moves; Portsea home sells for $19m
Read everything that’s happened in the news so far today.
What you can learn from the Future Fund’s three big moves
The Future Fund’s shift into US stock has paid off, but it still fears a Trumpian world of more polarisation and higher inflation.
January
Opposition savings from housing, green energy funds in doubt
Senator Jane Hume says the Coalition will interrogate Labor’s billions of dollars tied up in funds for housing, clean energy and manufacturing, but admits they may be difficult to unwind.
Labor accused of using Future Fund to ‘interfere’ in markets
Jim Chalmers has asked the $230 billion Future Fund to consider the government’s national priorities when it votes at company shareholder meetings.