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David Murray AO, Chairman, Future Fund, 23 February 2012
David Murray addressed a private boardroom event for 20 senior business executives where he discussed "Future of Capitalism". This CEO Boardroom lunch was proudly sponsored by Norton Rose.
The Future Fund, one of Australia’s largest Institutional Investors, and the country’s largest Government investment vehicle, was established in 2006 to invest budget surpluses to meet the long term pension liabilities of government employees and take the pressure off the budget from aging of the population.
As of September 2011, the Future Fund managed over $90 billion on behalf of the Future Fund, Education Investment Fund, Building Australia Fund and the Health and Hospitals Fund.
As Chair of the Future Fund, and having spent 39 years with the Commonwealth Bank, including 13 as its CEO, David Murray has a unique perspective on the current economic and financial situation.
David discussed the “Future of Capitalism” in light of global events including the Global Financial Crisis, the European debt issues, US economic and political landscape, and the rise of Asian emerging markets. In addition, David discussed his views on investing in various jurisdictions and asset classes in these times of volatile financial markets.
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