Dr Raphael Arndt

The Future Fund is a purpose-driven organisation that has held the same mission since its inception 15 years ago – investing for the benefit of future generations of Australians.

Our incredible journey so far has been book-ended by two major world events: the global financial crisis and the COVID-19 pandemic. The years between saw the Future Fund mature and evolve into its current status as a sophisticated, globally respected $252 billion institution. 

The strong investment performance across all six of the mandates managed by the Future Fund Board of Guardians, and the professional and disciplined approach which the Future Fund Management Agency has applied to its work has attracted bipartisan support throughout its 15-year history. 

But the Future Fund’s achievements extend well beyond the strong long-term investment performance. The Future Fund has developed a new way of investing which brings diverse teams together to manage a portfolio as a whole. This whole portfolio approach – which is recognised around the world – has been successful due to the organisation’s strong culture and focus on the mantra of One Team, One Purpose. 

This important book sets out the story of how that culture was developed and recounts the decisions made by those working for the Board of Guardians and the Future Fund Management Agency which established and supported the unique culture and singular focus on investment performance. 

Those of us at the Future Fund today build on the legacy of those who came before us. This book provides a guide to those who will pick up the baton and continue to build on the Future Fund’s success – investing for future generations of Australians. 

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Dr Raphael Arndt
CEO, Future Fund Management Agency