The non-profit sector is often called the ‘third-sector’ alongside business and government. Cuffe says that a major difference between a prosperous and a great society is the strength of their non-profit sectors, and that a “truly great Australia” would only be achieved if these sectors worked together in new ways. In this, the third sector needs to find innovative means of securing guaranteed income.
01/05/2008
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Alternatives
The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.
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