Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Market, Performance

Future Fund $6bln and counting down

Posted on 21 October 2008

From Canberratimes.com.au: Australia’s $6 billion Future Fund has begun declining in value after growing by 1.5 per cent last financial year, as the effects of the global financial crisis take a toll on the Federal Government’s largest savings vehicle.

But figures issued by the Future Fund yesterday showed that, while stockmarket declines this year had led to an overall shrinkage of the fund by 0.2 per cent since the investment program began in July last year, the remuneration of fund executives was set to skyrocket by 500 per cent from 2007 to 2008…… Full Article: Source


 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031