Australia’s Future Fund to invest in housing, infrastructure and energy transition under new mandate
by Paul Karp Chief political correspondent from World news | The Guardian on (#6SC0E)
Sovereign wealth fund's statement of expectations will be updated for the first time in 15 years
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Australia's $230bn sovereign wealth fund will be retooled to help build houses, improve infrastructure and combat global heating under a new investment mandate.
The Albanese government has announced that the independently managed Future Fund will get a new investment mandate and statement of expectations, the latter of which is the first update for the financial asset fund in 15 years.
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