Tue, Oct 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Performance

Future Fund splurges on banks

Posted on 21 October 2008

From Theage.com.au: The Future Fund has provided about $3 billion in capital for Australian and overseas banks and invested about $2 billion in high-quality Australian mortgages.

General manager Paul Costello said Australian and overseas debt markets were attractive to the $63 billion sovereign wealth fund, particularly because of the upheaval in equities markets. But the lucrative investments did not outweigh losses on Australian and global shares….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 14989 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031