21.10.2008 - Future Fund looks ideal for David Neal
From Theaustralian.news.com.au: If David Neal even dreamt of his ideal funds management job, it is doubtful a scenario could be painted better than running the Future Fund right now. What better than to have $31 billion in cash, zero concerns about near-term redemptions and a modest CPI plus 4.5 per cent benchmark for your returns.Granted, the fund's chief investment officer has some downsides because running a sovereign fund means there is a degree of political interest in what youdo...... Full Article: Source
Print