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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Gonski defends Future Fund credentials and tobacco share holdings

Posted on 30 October 2012

Future Fund chairman David Gonski has sought to defend the fund’s social and environmental credentials, responding to criticism of its contentious stake in the tobacco industry. Gonski, one of the best-connected businessmen in corporate Australia, also said he had bolstered the fund’s handling of conflicts of interest since he began running the $80.5 billion investment giant in March.
In a rare appearance before a Senate committee in Canberra, Mr Gonski last night said the taxpayer-owned fund took a ”very active” approach to environmental and social concerns………………………………………..Full Article: Source


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