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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration

Costello’s Future Fund career over before it started

Posted on 23 June 2009

From Financialstandard.com.au: Short-lived speculation that former Liberal Party Treasurer Peter Costello was about to be appointed by the Labor government to a leading position in running the Future Fund shows the fund is still poorly understood, three years after its launch.

Rumours about Costello’s possible appointment began to circulate during the weekend when unnamed sources, allegedly senior Labor Party advisers, said that “We [the government] are looking very seriously at Costello for the job.”…….Full Article: Source


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