24.09.2010 - Australian sovereign wealth fund outperforms benchmarks in most asset classes
From IPE: The Australian sovereign wealth fund that manages A$34bn ($32.4bn) for the state of Victoria’s superannuation and insurance authorities, says it has exceeded benchmarks in seven out of nine asset classes. The chairman of the Victorian Funds Management Corporation (VFMC) John Fraser, said conditions in the twelve months to the end of June this year had not been “a time for the faint-hearted.”.............................................Full Article: Source
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