Mon, Aug 31, 2015
A A A
Welcome asarmad
RSS

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

Infrastructure is the issue: UBS

Posted on 30 March 2011

Australia should use the proceeds from its resource-rich economy to counter its infrastructure backlog instead of establishing a sovereign wealth fund. That’s the call from UBS Global Asset Management, which calculates Australia’s infrastructure deficit at about $250 billion.

UBS’s head of investment strategy, Mark Rider, and its chief executive, John Fraser, said Australia needed better co-ordination between federal and state governments, as well as superannuation funds, to overcome its two-speed economy……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16977 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
August 2015
M T W T F S S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31