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

The unedifying spectacle of the Future Fund stoush

Posted on 16 March 2012

There are plenty of lessons to be learned from this week’s ugly stoush over the appointment of the Future Fund’s next chairman. The obvious one goes to the first rule of issues management especially when they involve tens of billions of dollars and big egos - when you’re in a hole, stop digging.
First to the personalities. No one doubts David Gonski’s credentials to lead the $73 billion sovereign wealth fund. But how he unexpectedly won the job is a multi-level case study in how not to manage reputations nurtured and built over years………………………………………..Full Article: Source


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