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

Future Fund allocation

Posted on 08 December 2008

From Moominhouse: The Australian Government has a sovereign wealth fund known as the Future Fund. The Commonwealth Government has run budget surpluses for many years.

Once they had paid down most of the national debt they started to accumulate surpluses which in 2006 were allocated to this fund and dedicated to funding previously unfunded defined benefit retirement payments to public servants….. Full Article: Source


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