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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Australia pension fund buys infrastructure assets

Posted on 26 November 2012

Australia’s Future Fund has agreed a binding deal to pay two billion Australian dollars (US$2.08 billion) for the assets of Australian Infrastructure Fund, which owns stakes in airports across the country.
The A$80 billion quasi sovereign wealth fund has been gradually increasing its exposure to infrastructure, which now accounts for around 6.0% of its portfolio. The fund was set up by the government six years ago to pay for civil servant pensions………………………………………..Full Article: Source


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