POWERED BY MOMENTUM MEDIA
Priestly appointed to Future Fund Board of Guardians
The Federal Government has appointed Robert Priestly to the Future Fund Board of Guardians, to fill the vacancy left by Steven Harker.
In a joint press release, the offices of Federal Treasurer, Scott Morrison and Finance Minister Mathias Corman announced that Priestly would serve on the board for five years from 7 November.
Priestly would bring over 30 years’ experience in financial services to the board, having worked in investment banking, financial markets, commercial banking, investor services, treasury services and asset management.
He is currently the chair of JPMorgan Australia and New Zealand and a non-executive director of the Australian Securities Exchange.
The press release said that Priestley’s considerable financial acumen and business expertise would complement the board’s existing skills.
Recommended for you
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
