| Australia would be well-advised to establish a sovereign wealth fund to take full advantage of the current resources boom and provide for the period thereafter, according to participants in a Money Management/Super Review roundtable conducted in New York.
The Boston Company senior managing director of Global Core Equity, Sean Fitzgibbon, told the roundtable he believed Australia needed to be wary of the boom-bust cycle so commonly associated with commodities and put in place something that could act as a cushion in the down-times...............................................Full Article: Source
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