22.03.2012 - Future Fund takes bigger slice of Transurban
The Future Fund has been revealed as the biggest investor to buy into toll road operator Transurban this week to replace two foreign pension funds. Documents lodged with the ASX this morning show the Future Fund's board of guardians increased its holding of below 5 per cent to 6.78 per cent of the CityLink operator, moving on an offer when the foreign funds' investment manager CP2 acted to sell its 7.86 per cent stake for $631 million...............................................Full Article: Source
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