June
- Exclusive
- NSW budget
NSW $113b fund manager faces shake-up
NSW’s TCorp is a top 10 Australian institutional investor and is the central borrowing authority of the state.
- John Kehoe
World is looking ‘more like the 1930s’, Future Fund warns
Australia’s sovereign wealth fund chief is reshaping its $200b portfolio as global risks hit a 50-year high.
- Jonathan Shapiro
Fortunes to be made as the private credit boom is going public
Once a cottage industry, private credit is now attracting billions of dollars, reshaping the financial system and minting new fortunes.
- Jonathan Shapiro
May
- Exclusive
- Australia's China challenge
Future Fund sells stakes in Chinese firms linked to military, rights abuses
Australia’s sovereign wealth fund has sold out of a range of Chinese companies, including brewer Tsingtao and energy and tech firms.
- Andrew Tillett
EastLink sell-down clears final hurdle; pre-empts waived
Future Fund’s stake will be managed by QIC, advised by Lazard. The sellers included NZ Super and Teachers Insurance Annuity of America’s Nuveen.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Labor’s budget ‘inflationary on every measure’: Costello
Future Fund chairman and former federal treasurer Peter Costello says Labor should pay off debt while Australia enjoys record iron ore, coal and gas prices.
- Gus McCubbing
- Opinion
- Australian economy
On his third budget, Chalmernomics has finally emerged
The Albanese-Chalmers government embodies a short-term and emotive response to wage stagnation, not a rational one.
- Stephen Anthony
- Sponsored
- BOSS
Whole-of-portfolio approach to investing brings collaboration to the fore
Breaking free from the shackles of restrictive investment principles demands that fund managers collaborative for the greater good of the portfolio.
Sponsored
by Future Fund
April
Future Fund vindicated by reality of ‘sticky’ inflation
A sharemarket rally, spurred by hopes of rate cuts, has lifted the Future Fund’s portfolio, but it says investors have not adjusted to a higher-for-longer scenario.
- Jonathan Shapiro
- Exclusive
- Superannuation
Future Fund’s Alicia Gregory moves to $257b US asset manager
The deputy chief investment officer will join Blue Owl Capital, the US investor courting Australia’s superannuation market for over a year now.
- Aaron Weinman
Future Fund signs ConnectEast deal, buys 19.8pc stake
Queensland Investment Corp is expected to provide management services to Australia’s $272 billion sovereign wealth fund.
- Sarah Thompson, Kanika Sood and Emma Rapaport
March
- Opinion
- Investing
Want better returns? Cut back on shares, bonds
University endowments and the Future Fund indicate that long-term bets on private equity and other unlisted assets produce better returns.
- Jonathan Kearns
‘Dangerous lunatic, but good for markets’: Business on Trump
Corporate heavyweights including John Wylie, Danny Gilbert and Gerry Harvey don’t have much time for Trump. But is Biden any better?
- Samantha Hutchinson and Patrick Durkin
January
- Opinion
- Opinion
Future Fund critics owe Costello an apology
The former Coalition treasurer had to fend off critics when he set the fund up, and is right to defend it now.
- Tom Switzer
Labor warned not to risk Future Fund on ‘pet projects’
New Future Fund boss Greg Combet has been warned by the $212 billion sovereign wealth fund’s first chairman not to risk taxpayer money on “nation building” projects such as green energy and housing.
- John Kehoe
- Opinion
- Investing
What is now to come for the Future Fund?
Jim Chalmers says that the Future Fund’s purpose and independence is safe. But it is difficult to be reassured without more concrete guardrails.
- The AFR View
Greg Combet announced as new Future Fund boss
Treasurer Jim Chalmers says he will discuss the investment direction of the $212 billion Future Fund with incoming chairman Greg Combet, but won’t “mess” with its independence and commercial goals.
- John Kehoe
Fourth quarter equities rally boosts Future Fund returns
The Future Fund benefited from a strong fourth quarter for markets as assets swelled to $211.9 billion. But outgoing chairman Peter Costello is cautious.
- Updated
- Jonathan Shapiro
- Opinion
- Chanticleer
Three ways the Future Fund is dodging expensive equities
Raphael Arndt says stocks look expensive as investors bet on rate cuts and strong growth. Here are three places the fund is hunting for returns instead.
- James Thomson
- Opinion
- Chanticleer
Keep hands off Future Fund, Costello tells government
Retiring Future Fund chairman Peter Costello says governments must not be allowed to use the $200 billion sovereign wealth fund to support nation-building.
- James Thomson