Future Fund chair to flesh out infrastructure plan

Fresh from confirmation that the Future Fund intends to invest 30 per cent of its massive capital in ‘tangible assets’, chairman David Murray will speak in Sydney and Melbourne on the importance of domestic investment to bridge the infrastructure gap.

 Murray will join a lunchtime line-up that also includes Mark Vaile, the former National Party federal leader whose post-political career recently expanded to include chairmanship of Palisade Investment Partners’ Regional Infrastructure Fund.

The Fund’s investments are currently restricted to regional livestock exchanges and alternative waste treatment facilities, however upon his appointment last month Vaile spoke of his interest in expanding this.

The Future Fund Management Agency will manage the capital behind the Government’s $20 billion Infrastructure Fund, however the projects invested into will be decided by Government. 

Addresses by Murray and Vaile will be followed by a panel session facilitated by Ian Macoun, the chair of Palisade’s backer, Pinnacle Investment Management.

The Sydney event will take place at the Intercontinental Hotel on Tuesday, October 28.

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