Tue, Jul 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Asutralia: Time for a sovereign wealth fund

Posted on 07 February 2011

From Smh.com.au: As with any boom, few will pick the top for copper, or commodities in general. But when that rainy day comes, it will be too late for Australia to open a savings account. Surely, it is time now to set up a sovereign wealth fund. (The Future Fund is commonly mistaken for a sovereign wealth fund but its purpose is to cover public servants’ superannuation liabilities.)
Ten years ago, copper fetched US80¢ a pound. Now it sells for $US4.50. All commodity prices have shot through the roof: base metals, coal and gold, and soft commodities such as sugar and wheat. All of which Australia has in abundance……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14433 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031