David Neal

CIO profiles

Room at the top: the Future Fund

With its 10th birthday approaching, the Future Fund is entering its next incarnation complete with a new investment team structure. Investment Magazine spoke to Raphael Arndt, Stephen Gilmore and David Neal.  When David Neal, the inaugural chief investment officer of the Future Fund, became its managing director on August 4 last year, his previous role was split […]
Hedge Funds

The Future Fund close to 20% cash

The Future Fund has its highest cash weighting since the first years of its existence, but claims it is not highly defensive as the allocation has been made to offset the risk in other areas as part of its one-portfolio strategy. David Neal, chief executive of the Future Fund, said the increase in the cash […]
Hedge Funds

Future Fund puts high-fees to work

The Future Fund is favouring labour intensive, and therefore higher fee, strategies in areas where too much capital has been flowing to generic low-fee strategies resulting in high prices and low returns. David Neal, managing director of Future Fund, clarified to delegates at ASFA Investment Interchange that fees across the asset management industry are “too […]
Hedge Funds

Universal hedge fund standards in sight: David Neal

Institutional investors are reaching tipping point in persuading hedge funds to adopt customer focused practices, David Neal, chief executive of the Future Fund, told a meeting of  investors in Melbourne last week. If enough hedge fund managers sign up to the Hedge Fund Standards Board then such service will become the norm, believes Neal. Most […]