Future Fund shifts to active approach in 'new investment order'

Dr Raphael Arndt, chief executive officer of Australia’s A$250 billion Future Fund is challenging asset owners to review and revise their investment approach, particularly to move away from their bias for passive management. Speaking at a conference in Sydney last Thursday, Arndt said the benign conditions that have endured for many years are in the process of significant change, demanding that investors explore new ways to deliver sustainable, long-term returns. “Every one of u…