Australia’s Future Fund in 2025: Strong Returns, Structural Shift

4th February, 2026
Australia’s Future Fund delivered a 12.4% return in 2025, boosting its AUM by A$29.5 billion (US$20.1 billion) to A$335.3 billion (US$228.0 billion) after withdrawals.Ten-year returns of 8.5% per annum continue to exceed the mandate target of 7%, reinforcing the fund’s position among the most consistently disciplined sovereign investors globally. Yetm...
Australia’s Future Fund delivered a 12.4% return in 2025, boosting its AUM by A$29.5 billion (US$20.1 billion) to A$335.3 billion (US$228.0 billion) after withdrawals.Ten-year returns of 8.5% per annum continue to exceed the mandate target of 7%, reinforcing the fund’s position among the most consistently disciplined sovereign investors globally. Yetm...

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