02.10.2009 - Australia’s Future Fund grows by A$3.6 bln, review reports
From Bloomberg: The Australian government’s so-called Future Fund pension fund generated revenue of A$3.6 billion ($3.1 billion) last year, an improvement from the prior year, the Australian Financial Review reported. The government cannot use the money until after 2020, the newspaper said. Under rules governing the A$61 billion fund, earnings must be reinvested until enough money has accumulated to cover the pension liabilities for Australia’s public servants, the newspaper said.................Full Article: Source