Future Generation group has recently launched the Future Generation Women investment trust, intending to achieve gender equality along with economic prosperity for Australian women as well as their children.
Since gender inequality is a big issue worth $128 billion for Australia, Nicola Forrest alongside an army of women with high-profile, top stock-picking, have come up with a groundbreaking all-woman investment fund for tackling it.
The fund shall get $100 million in seeding from Minderoo Foundation. The foundation was founded by Ms Forrest and Andrew ‘Twiggy’ Forrest (her ex-husband). She is a philanthropic arm who founded the firm to offer an “important spotlight on women and their potential in Australia”.
She stated, “Every year, gender inequality continues to cost Australia $128 billion. To truly shift the dial and overcome the outdated norms that hold our entire country back, we need change-makers that are ready to speak up, act and embrace collaboration.”
“The expertise of our all-women investment team is at the core of our mission: to prove that when women are in charge of their financial destiny, we all rise together,” says the Future Generation Women advisory member Elana Rubin. These funds shall empower Australian women to some extent.
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