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
New research has shown that investing in alternative assets and using active management has, to this point, delivered strong results for Australian super funds.
Australia’s $4 trillion superannuation industry is fundamentally reshaping the nation’s external accounts, setting the stage for a more sustainable current account surplus despite weaker commodity markets.
Rest has expanded its portfolio of renewable energy infrastructure by supporting a Victorian solar farm and battery project.
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
