Yesterday
APA Group executive jumps ship to Future Fund
Stuart spearheaded the listed gas pipelines owner’s acquisition of Alinta’s remote power assets in WA’s Pilbara region.
This Month
High-profile dealmaker’s departure leaves door open at Future Fund
Peter McCosker has relocated back to Abu Dhabi, replacing Marcus Hill, who was head of transportation in ADIA’s infrastructure division.
June
Super funds cautious on US despite Trump plans to drop ‘revenge tax’
The threat of punitive taxes on super funds in the US may have eased, but they’re still taking a cautious approach to investments in Trump’s America.
Chalmers urges Bessent to reconsider ‘revenge tax’ on super funds
The proposal would allow the Trump administration to raise taxes on countries deemed to levy discriminatory taxes against American firms.
Future Fund ditches Dexus as manager of its Melbourne Airport stake
The $300 billion fund has only just been approved to manage assets internally. Dexus is already fighting with Australian Pacific Airports Corporation investors.
Pension giants put brakes on US investments, warning of big tax hit
Future Fund chairman Greg Combet says the “big beautiful bill” could “dramatically escalate tax rates”, and AMP is pausing long-term American investment.
Super funds are not a piggy bank for Labor’s pet projects
Chalmers’ vow to put to bed “needless brawls” on super is contradicted by his attempts to wager Australian’s retirement savings to prop up nation-building policies.
Big super’s cold feet stall Labor’s $10b low-cost housing plan
More than two years after pledging hundreds of millions of dollars to the flagship scheme, some pension funds are dragging their feet in financing developments.
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.
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”.