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

Future Fund looks ideal for David Neal

Posted on 21 October 2008

From Theaustralian.news.com.au: If David Neal even dreamt of his ideal funds management job, it is doubtful a scenario could be painted better than running the Future Fund right now.

What better than to have $31 billion in cash, zero concerns about near-term redemptions and a modest CPI plus 4.5 per cent benchmark for your returns.Granted, the fund’s chief investment officer has some downsides because running a sovereign fund means there is a degree of political interest in what youdo…… Full Article: Source


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