22.02.2012 - Wild west Aussie wealth fund coming soon
Western Australia stateís plan to set up a form of sovereign wealth fund, or SWF, has caught the eye of bankers here but it could stir up a hornetís nest in Canberra. The new fund could prove a boom for wealth managers and bankers hungry for new opportunities, but itís early days yet. Among those in line will be existing managers to the Australian government-backed Future Fund including local and global institutions across equities, private equity, property, infrastructure and timberland, debt, alternatives, cash and overlay strategies...............................................Full Article: Source
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