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Change at the Top of Future Fund, As Strategy Evolves

29th January, 2024

Australia’s Future Fund has hired a new chair to take over from the long-standing leadership of Peter Costello, with the Labor government choosing a politician – Greg Combet – from their own ranks, whose career has focused heavily on combating climate change.

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Global SWF's Most-read Commentaries of 2023

29th December, 2023

This year saw Global SWF publish 250 daily articles on the latest developments in the sovereign wealth universe at a time of rising geopolitical tensions, economic slowdown and high inflation.

Future Fund Limits Equities Volatility by Tilting to Private Credit

27th October, 2023

Australia’s Future Fund reported a negative return of 0.5% in Q3 with A$900 million wiped off the value of the sovereign wealth fund to A$205.2 billion (US$130 billion) – but its 12-month return was a positive 6.3% amid heightened volatility.

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Movers & Shakers, Summer Edition

11th August, 2023

August is normally a prolific month for appointments and new hires, especially among those funds in the Northern Hemisphere and for those executives with families that need to relocate and find new schools. Here’s an update of what is happening around the human capital of Sovereign Investors:

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Champions in Governance: Future Fund's arm’s length independence

4th July, 2023

On June 30, Global SWF published the 2023 GSR Scoreboard that assesses the progress of State-Owned Investors around governance, sustainability, and resilience since 2020. There has been significant improvement in best practices globally during the past three years, especially around governance.

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2023 GSR Scoreboard

30th June, 2023

We are delighted to present the 2023 GSR Scoreboard, the most comprehensive analysis on the Governance, Sustainability and Resilience (“GSR”) practices and efforts of the world’s major State-Owned Investors (“SOIs”), including Sovereign Wealth Funds (“SWFs”) and Public Pension Funds (“PPFs).

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2023 GSR scoring finalized, report to be issued June 30

19th June, 2023

Since 2020, Global SWF has issued an annual assessment of the efforts of state-owned investors, including sovereign wealth funds and public pension funds, around governance, sustainability, and resilience (GSR).

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Future Fund Looks to Commodities as Stagflation Hedge

27th April, 2023

Australia’s A$202.8 billion (US$135.8 billion) Future Fund notched up a 3.4% return in the first quarter, as it displayed resilience against stock market volatility and inflation, delivering a 1.1% return for the full financial year ending in March.

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Private Markets and US$ Strength Supports SWF Returns

8th February, 2023

The first flurry of full-year returns results for sovereign wealth funds and public pension funds shows a large spread of results, but is broadly in line with year-end estimates in Global SWF’s 2023 Annual Report.

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Inflation Challenges Australian Funds’ CPI-Linked Returns Targets

26th October, 2022

Australian inflation soared to a 32-year high in Q3 amid rising costs of house building and energy prices, and if sustained it could challenge AustralianSuper’s returns targets.

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NZ Super Hit by Equities Slump With -10.7% Return – But Still Beats Benchmark

12th September, 2022

New Zealand’s sovereign wealth fund, NZ Super, witnessed a -10.7% return in the first half of 2022, according to Global SWF calculations, as the decline in equities wiped NZ$5.6 billion (US$3.4 billion) off its portfolio value.

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Saudi Arabia’s PIF Seeks to Land Jumbo British Airport Acquisition

10th August, 2022

Saudi Arabia’s rapidly growing Public Investment Fund (PIF) could become the biggest shareholder in the UK’s busiest airport if it goes ahead with the acquisition of Ferrovial’s 25% stake.

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