26.10.2012 - Future Fund eyes infrastructure assets
The Future Fund, Australia's quasi sovereign wealth manager, wants to buy more infrastructure assets but is finding a lot of its rivals do too. “We like Australian infrastructure primarily because of its close fit with our mandate,” said Nadine Lennie, a director at the Fund. “Unfortunately for us a lot of other investors like investing in Australian infrastructure so it is a competitive market.” In its quarterly outlook, the Future Fund said it was looking to invest in a pipeline of infrastructure assets both in Australia and offshore...............................................Full Article: Source
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