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Future Fund predicted the new world order. Here’s what it’s doing now

The $241 billion sovereign wealth fund saw Donald Trump’s world coming four years ago. Chief executive Raphael Arndt is now adapting his battle plan.

The world of financial markets may be in turmoil, but Raphael Arndt, the chief executive of the Future Fund, insists he’s sleeping well.

He says the $241 billion fund is well set up for exactly this sort of environment and has struck the right balance between conviction in its long-term views and an ability to respond to a changing world.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/future-fund-predicted-the-new-world-order-here-s-what-it-s-doing-now-20250515-p5lzfd