| 30.10.2009 - Future Fund invests US$3.6 bln in distressed assets |
| From Bloomberg: Australia’s $58 billion sovereign wealth fund increased its investments in distressed assets as it sought to profit from the global financial turmoil. The Future Fund -- set up to cover the cost of retiring lawmakers, judges and public servants -- committed A$4 billion ($3.6 billion) to distressed private equity and debt investments during the year to June 30, it said in its annual report released today............................Full Article: Source |