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The Latest Breaking News from Future Fund

UK government fund invests in cannabis oil company and London microbrewery

Taxpayer-backed British Business Bank’s Future Fund, set up to provide loans in pandemic, announces 75 new investments

The Guardian - UK

Australia’s Future Fund bans investment in Israeli defence contractor over cluster munitions allegations

Norway’s largest pension fund KLP also excludes Israeli defence contractor, Elbit, from its portfolio

The Guardian - AU

Australia’s Future Fund to divest $200m of holdings in Russian companies

NSW government says it will sell holdings of Russian assets, as rouble crashes more than 40% after international sanctions

The Guardian - AU

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Future Fund forced to divest $5m from sanctioned Chinese weapons company

The investment was first revealed using freedom of information laws which the Coalition is trying to prevent happening again

The Guardian - AU

Speculation on Tudge’s future; integrity commission plans shelved – as it happened

This blog is now closed

The Guardian - AU

Michael Pascoe: Guess what? The RBA does not run the economy

You could be forgiven for thinking the only thing that matters for growing the economy is what the RBA board eats on the first Tuesday of the month.

The New Daily

Costello warns of challenging times ahead

The Future Fund, which was set up in 2006 to cover future liabilities of public servants, has surpassed $200 billion for the first time.

AAP

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The Welsh firms in which the UK Government now has ownership stakes

It has taken a stake in six high-growth potential Welsh firms from its pandemic response £1.1bn Future Fund

Birmingham Post

Australia’s Future Fund has invested over $90m in weapons manufacturer Raytheon

FoI requests reveal sovereign wealth fund also has investments in arms companies linked to Myanmar military

The Guardian - AU

Bolton Wanderers is now partly owned by the taxpayer

Bolton Wanderers were taken over by Football Ventures (Whites) in 2019

Manchester Evening News

Treasury buys into Bolton Wanderers, online bookmaker and coffee chain

Other companies include vehicle data firm Wejo, Planks Clothing and Magic Carpet AI

Birmingham Post

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