18.03.2011 - Future Fund climbs sovereign league tables
Australia's Future Fund is now the 13th largest sovereign wealth fund in the world, moving up from 15th place according to new figures from alternative investment research firm Preqin. The Future Fund grew by US$11.4 billion from US$59.6 billion last year, raising it from 15th place, Preqin said. The report compares the world's sovereign wealth funds in US dollar terms and valued the Future Fund at US$71 billion this year, putting it just outside the top 10 funds on the global league table..............................................Full Article: Source
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