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Sovereign Wealth Funds Briefing - Categorized | Investment

Future Fund buys stake in MAp Group: report

Posted on 26 July 2011

Amid growing interest among foreign investors for Australian toll roads, airports and other infrastructure projects, the Future Fund has bought a 5.05 per cent stake in MAp Group Ltd in an effort to keep pace with aggressive foreign investment, according to the Australian Financial Review.
The chairman of toll road company ConnectEast Ltd, Tony Shepherd, is among those criticising Australian investors for not paying enough attention to Australian infrastructure projects while foreign interest continues to grow, saying that Australian investors are too focused on short-term returns, according to the AFR……………………………………….Full Article: Source

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