Future Fund

We’re pleased to extend our congratulations to Future Fund Guardian Nicola Wakefield Evans, AM, who was announced as a Director of Excellence in The Australian Financial Review BOSS Director Awards. The award recognises Nicola’s outstanding contribution as a non-executive director. Widely sought after for her expertise and the rigour she applies to governance, Nicola has also been a strong advocate for increasing the representation of women on boards and in senior executive roles. Chosen by their peers, the Awards celebrate the vital role directors and chairs play in shaping Australia’s businesses, while recognising those who exemplify exceptional leadership and innovation. Nicola was appointed to the Future Fund Board of Guardians in March 2024 for a five-year term. As a Guardian, she helps steward Australia’s sovereign wealth fund through strong leadership, oversight and governance, ensuring the Future Fund can continue its strong record of returns for the nation. Congratulations, Nicola, on this well-deserved recognition. https://lnkd.in/gu7riBz9

The Australian Government has announced the appointment of Ms Fiona Trafford-Walker and Mr Adam Tindall as members of the Future Fund Board of Guardians for five-year terms.     Ms Trafford-Walker is a highly experienced investment professional with over 30 years in institutional financial asset consulting and provision of institutional investment advice. She has extensive experience in various leadership roles at Frontier Advisors. Her term commenced on 12 May 2026. She replaces outgoing Guardian, Patricia Cross, who completed her term last week. We thank Mrs Cross for her significant contribution to the Future Fund over the past five years.   Mr Tindall has worked for over 35 years in the investment and real estate industries and has extensive global experience in portfolio, investment and asset management and corporate governance having held leadership and executive roles at AMP Capital, Macquarie Group and Lendlease. Mr Tindall’s appointment will commence following the conclusion of Dr Deborah Ralston’s term in September 2026.    These highly qualified appointees will ensure the Future Fund can continue its strong record of returns for the Australian people and we look forward to working with them.   #futurefund #BoardAppointment #sovereignwealthfund #investing

Shikha Gupta, Executive Director – Alternatives, recently represented the Future Fund at the Milken Institute’s Global Conference, joining a panel on multi-asset management across public and private markets.   Shikha shared insights into the Future Fund’s investment thinking, including work undertaken under the New Investment Order framework and how this is reflected in portfolio construction. She also discussed the Future Fund’s approach to portfolio resilience, including scenario testing and strategies to navigate higher volatility and inflation.   The session formed part of the conference’s broader discussions on investment approaches across changing market environments.   Watch the full discussion: https://lnkd.in/gD5TEeum #futurefund #investing #sovereignwealthfund #fundsmanagement #MIGlobal

Last week, we had the pleasure of hosting Amy Hepburn, CEO of the Investor Leadership Network (ILN), at our Melbourne office for a series of discussions with Future Fund colleagues and external peers. Amy shared insights across a number of key topics affecting the investment landscape and offered a preview of ILN’s upcoming whitepaper on harnessing AI and talent intelligence.   ILN is a CEO‑led coalition of the world’s leading institutional investors, focused on practical collaboration on shared challenges including climate transition, public‑private capital mobilisation, and future capability. As CEO, Amy leads ILN’s long‑term strategy and represents the network in engagement with global stakeholders across markets.   Our ILN membership provides a valuable platform to exchange insights and diverse perspectives on challenges facing long-horizon investors. Sharing these experiences with our industry peers last week proved especially meaningful, as it fostered thoughtful discussions and deeper understanding of the complex issues shaping our sector.   #futurefund #investing #sovereignwealthfund #fundsmanagement #AI

Today we are marking 20 years of investing at the Future Fund, a significant milestone for Australia’s sovereign wealth fund. On this day in 2006, initial seed capital of $18 billion was transferred to the Future Fund so investing could begin. Eight further contributions followed, totalling $60.5 billion. From that original seed funding, the Future Fund has grown to $269.1 billion. Over the same period, the Future Fund Management Agency has evolved from managing a single fund with a single purpose to overseeing seven special‑purpose public asset funds, now valued at $337.2 billion – all focused on delivering long‑term value for Australians today and into the future. The people pictured here reflect that journey, bringing together colleagues who have been part of the Future Fund since its earliest days alongside those who have joined more recently. Their shared presence underscores how the Future Fund continues to evolve, grounded in experience and shaped by new perspectives. A big thank you to everyone who has contributed to our journey over the past 20 years. #futurefund #investing #sovereignwealthfund #fundsmanagement

The Future Fund Board of Guardians today released its portfolio update to 31 March 2026. Since its establishment 20 years ago, investment returns have added $208.5 billion to the Future Fund, increasing its value to a record $269.1 billion. Key points include: - 10-year return of 8.6% pa exceeds mandate target of 7.1% pa - A return of 11.7% in the 12 months to 31 March 2026 adds $28.3 billion to the value of the Future Fund - Total funds managed by the Board of Guardians rise to $337.2 billion Read the full update: https://lnkd.in/ggQh_Drd #investmentperformance #futurefund #investing #sovereignwealthfund #fundsmanagement

We are delighted to announce the appointment of Richard Brandweiner as Chief Investment Officer of the Future Fund effective from 1 July 2026.   Richard was previously Chief Executive Officer of Pendal Group, Australia and prior to that Chief Investment Officer at First State Super. His extensive experience includes senior investment roles with Perpetual and, more recently, a variety of non-executive roles.   Dr Raphael Arndt, Chief Executive Officer, said: “I am delighted to welcome Richard to the Future Fund. He is an experienced investor and executive and has significant experience in leading investment teams to achieve their mandates.” Read more: https://lnkd.in/gmH2pnda

A career at the Future Fund can take many different forms.     Spend the day with Sarah Nega, Manager – Legal, and see what her role looks like in practice, from reviewing contracts to connecting with colleagues and external partners around the world.     Along the way, Sarah catches up with Josh Underhill, Victoria Revzine and Calvin Chan, CFA, highlighting the breadth of roles and backgrounds that come together to support our work. What unites it all is our shared purpose: investing for the benefit of future generations of Australians.    Learn more about careers at the Future Fund: https://lnkd.in/grdXtPPi     #futurefund #sovereignwealthfunds #investing #careers #peopleandculture 

Last week we were delighted to welcome Jon McAuliffe, co-Chief Investment Officer and co-founder of The Voleon Group, to our Melbourne office for a Lunch & Learn on the rise of agentic AI.    Jon spoke about the emergence of agentic AI, outlining how advances in machine intelligence have evolved to the current moment and sharing examples of what leading systems are already capable of today. He also discussed the pace of change, the potential implications across industries, and the uncertainty that still surrounds how these technologies will develop over the longer term.   Our thanks to Jon for joining us and for generously sharing his insights and experience.

We are pleased to share that Future Fund is now a signatory to the Principles for Responsible Investment (PRI). The PRI is a United Nations-supported initiative that brings together investors committed to integrating environmental, social and governance (ESG) considerations into investment decision-making. “At Future Fund, collaboration plays a central role in our approach to responsible investment, and joining the PRI connects us with a global network of investors working on shared ESG and climate-related challenges,” said Kirsten Simpson, Executive Director, Responsible Investment. “We are delighted to be a part of this network of more than 5,000 organisations worldwide, supporting shared learning and the ongoing development of responsible investment practices.” Find out more about responsible investment at Future Fund: https://lnkd.in/gF7vaHzK