Future Fund’s returns good, not great

Original article by Joanna Mather
The Australian Financial Review – Page: 5 : 16-Jan-19

Data from Chant West shows that the federal government’s Future Fund achieved an average return of 10.7 per cent over the seven years to September. This is lower than the returns of major industry superannuation funds over the same period, including AustralianSuper, Hostplus and Cbus. Association of Superannuation Funds of Australia CEO Martin Fahy says the Future Fund would have lower costs and lower net returns if it were to be converted from a sovereign wealth fund into a super fund.

CORPORATES
AUSTRALIA. FUTURE FUND MANAGEMENT AGENCY, CHANT WEST FINANCIAL SERVICES PTY LTD, AUSTRALIANSUPER PTY LTD, HOST-PLUS, CONSTRUCTION AND BUILDING UNIONS’ SUPERANNUATION FUND, UNISUPER LIMITED, THE ASSOCIATION OF SUPERANNUATION FUNDS OF AUSTRALIA LIMITED, RICE WARNER ACTUARIES PTY LTD

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s