The Future Fund has been announced as the winner in the sovereign wealth fund category in the 2021
AsianInvestor Excellence Awards.
Now in its eighth year, the Awards recognise excellence and best practice among Asia Pacific-based institutional investors. Higher consideration was given this year to organisations which had improved their governance, adaptability, and risk functions in response to the changing environment in the post-pandemic recovery.
The Award comes at an exciting time for the organisation which recorded a record 22% return for the Future Fund in the 2020-21 financial year whilst conducting a deep review of its investment strategy and rolling out a new business strategy and structure across the organisation.
Dr Raphael Arndt, Chief Executive Officer of the Future Fund Management Agency, thanked AsianInvestor for acknowledging the Future Fund's efforts and success through their annual Awards, saying, "We are proud to be recognised among our peers.
"It has been an exceptional year with the complexity of our task growing as the world continues to rapidly change. This is a welcome recognition of the extraordinary efforts of our people throughout what has been an extremely challenging period.
"The COVID-19 pandemic continues to accelerate and catalyse significant and enduring changes in the global investment environment. Our extensive investment strategy review has been vital in enabling us to understand the paradigm shifts occurring around the world as we navigate the economic and market complexity left in the pandemic wake.
"We currently manage over $247 billion across six public asset funds on behalf of the Australian Government. Our role in the Australian economic landscape has arguably never been more important as our team continues to steward these funds with insight and care."
