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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

What is the Future Fund and who really runs it? (Note: It’s not Gonski)

Posted on 15 March 2012

The Future Fund, set up in 2004, is an independent fund where the government deposits surplus cash to make sure it can pay superannuation to retired civil servants in years to come.
Its wealth stands at just over $70 billion, and could be as high as $140 billion by 2020. So, we’re talking about phenomenal sums of money. But who, at the end of the day, has the power to influence how it is managed? The fund is overseen by a board of “guardians” whose chairman, as of today, is David Gonski………………………………………..Full Article: Source

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