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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Fund Management/Administration

No Telstra tip-off for Future Fund

Posted on 27 October 2009

From News.com.au: The Future Fund has no record of any correspondence alerting it to the Federal Government’s plan to split Telstra, a Freedom of Information search has revealed.

The fund has been under fire over its sale of $2.4 billion worth of Telstra shares less than a month before the Government announced its plan to force Telstra to split its wholesale and retail businesses……………………..Full Article: Source

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