Watson Wyatt has been selected as the asset consultant for the Future Fund, with the contract being signed today.
Future Fund general manager, Paul Costello, said: “In conjunction with internal staff, Watson Wyatt will provide the board with advice on a range of issues including establishing an investment mission and philosophy, the development of the strategic asset allocation for the fund, and setting the transition strategy for entry into financial markets”. Watson Wyatt has already advised the Commonwealth Treasury on investment strategy for the Future Fund.
21 November 2006 00:00
strategic, strategy, transition, commonwealth, signed, advised, conjunction, entry, wyatt, markets;, watson, allocation
Investments
Global equities have driven most of MLC’s FY26 return so far, but its exposures to insurance-linked securities and “esoteric” credit have also put in the hard yards and helped the fund diversify beyond the AI thematic, according to chief investment officer Dan Farmer.
Leave a Comment
You must be logged in to post a comment.