Annual Return for Australia’s Future Fund Termed ‘Very Strong’
A 9.1% return in fiscal 2024 added A$18.8 billion to the sovereign wealth fund’s portfolio.
A 9.1% return in fiscal 2024 added A$18.8 billion to the sovereign wealth fund’s portfolio.
Greg Combet will move from Australia’s Net Zero Economy Agency and take on leadership of the sovereign fund later this year.
The sovereign wealth fund promotes a long-tenured investment veteran who had been deputy CIO since 2021.
Sovereign wealth fund’s assets grew to A$162 billion, as it overcomes a ‘complex investment environment.’
A robust turnaround in equities brings a 5% return for the asset owner.
Portfolio strategy head specializes in long-term strategy, governance.
Hire ran global PE division at National Australia Bank’s investment arm.
How diversification is key to the nation’s sovereign wealth fund’s performance.
Veterans Steve Byrom, David Simons, and Jasmina Osmanovic look to model venture after Hamilton Lane of ROC Partners.
Fund’s total asset value climbs to $A146 billion.
Campbell McCulloch is the first of three new executives who will fill the void left by longtime deputy CIO Phil Graham.