This Month
Future Fund bets on US economy, warns of inflation return
CEO Raphael Arndt says the US economy is an attractive investment but Donald Trump’s policies and geopolitical risks could see the return of inflation.
- Cecile Lefort
Australian Retirement Trust eyes stake in $16b CDC Data Centres
It comes two months after ART sold its 7 per cent stake in AirTrunk into the Blackstone bid, booking a $1 billion exit off a $300 million investment.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Leading Indicators
Inside Canberra’s hidden $180b spending boom
Australia’s budget numbers are increasingly a mirage as billions in spending are labelled as ‘investments’ to improve the fiscal optics.
- Michael Read
Game on! $16b CDC Data Centres posts IMs, calls for bids by Christmas
Naturally, the first port of call would be the long list of infrastructure investors who are still nursing broken hearts after missing out on AirTrunk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October
$225b Future Fund hunts for green-energy investments
Chairman Greg Combet has flagged that the $225 billion sovereign wealth fund is hunting for investments to help Australia reduce greenhouse gas emissions.
- John Kehoe
Future Fund ramps up ‘alarming’ fossil fuel exposure
It comes amid growing greenwashing claims and pressure from Labor to align the fund’s investment strategy with the government’s broader net zero goal.
- Hannah Wootton
Future Fund-backed Greystar to buy GIC’s $1.6b student digs business
The Matt Woodland-led Greystar, advised by Macquarie Capital, is understood to be in the final stages of raising the capital required – split evenly between debt and equity.
- Sarah Thompson, Kanika Sood and Emma Rapaport
September
Future Fund reveals it voted against Woodside’s climate strategy
The country’s sovereign wealth fund says its analysis shows that activism is rising, with a rise in votes against remuneration reports from big shareholders.
- Jemima Whyte
Canberra Data Centres in partner search with $16b enterprise valuation
That punchy valuation has been signed off by the board, along with the required financial modelling, due diligence materials and an information memorandum.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Investing
The Future Fund’s big hedge fund bets are paying off
In a horror year for active funds management, the $225 billion sovereign wealth fund has made a big bet on stock picking – and the results are looking good.
- Updated
- Jonathan Shapiro
Economy grows; ASX dives 1.7pc; Inside the Pratts’ legal drama
Read everything that’s happened in the news so far today.
Future Fund warns investing only getting harder from here
The Future Fund’s assets stand just shy of $225 billion after it delivered a 9.1 per cent return over the past financial year.
- Jonathan Shapiro
August
The two Perth mall deals that have revived the retail market
The Claremont Quarter sale brings the dollar amount of Perth malls transacted this week to $627 million.
- Campbell Kwan
- Updated
- Aviation
Qantas board failed to challenge Joyce’s ‘command and control’
Qantas’ incoming chairman John Mullen said bonus practices at the airline had been problematic as the board was unable to override “the formulaic results of a compensation scheme” if there was a major scandal.
- Updated
- Ayesha de Kretser and James Thomson
July
End of an era as Antipodes Partners snaps up Maple-Brown Abbott
The investments house was established in 1984 and managed money for some of Sydney’s wealthiest families. The deal creates an $18 billion asset manager.
- Joshua Peach and Jonathan Shapiro
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