People Moves
Future Fund promotes Raphael Arndt to CEO
Arndt will take over the helm of the $205 billion sovereign wealth fund in July after a three-month global search for a candidate.
Sarah JonesMay 7, 2020
Future Fund
Investment Strategy
Future Fund hunts for bargains in private markets
Investment chief Raphael Arndt said the fund has been steadily building up liquidity to snap up bargains from forced sellers.
Elizabeth FryApril 27, 2020
Opinion
COVIDnomics: Do we need a local Temasek?
If the government created the Future Fund, then perhaps in the aftermath of the coronavirus there is room to set up another holding company whereby any bailout comes with safeguards.
Rob PrugueApril 17, 2020
Opinion
A time of reckoning for illiquid assets
The time of reckoning for super funds with large allocations of illiquid assets was always going to come. Most thought they would have time to prepare, but the COVID-19 crisis has bought this forward.
Dominic McCormickApril 9, 2020
Investment Strategy
Former Trump adviser warns of global recession
Kevin Hassett, the former economic adviser to US president Donald Trump, has warned that the chance of the global economy falling into a deep recession from the coronavirus outbreak was “pretty close to 100 per cent.”
Sarah JonesMarch 11, 2020
CIO profiles
HESTA’s investment overhaul
Sonya Sawtell-Rickson is half way through her three-year plan to restructure the fund's investment function. She's buying more private assets, kicked off internalisation plans and sold equities ahead of the market rout.
Sarah JonesMarch 4, 2020
Pay Survey
Million-dollar payouts
As the industry consolidates into bigger funds overseeing hundreds of billions of dollars, the average remuneration packages will also likely climb.
Sarah JonesFebruary 10, 2020
Investment Strategy
Future Fund sticks with hedge funds
Australia’s $168 billion Future Fund is looking to add more money to its $22.6 billion hedge fund program where it can find managers with spare capacity, to help protect the portfolio against a sell-off in the equity market.
Sarah JonesJanuary 28, 2020