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Australia's Future Fund surpassed its target with a 12.2% return, reaching a record $237.9 billion in 2024.
Australia's Future Fund, a sovereign wealth fund, achieved a 12.2% return in 2024, exceeding its 6.4% target and reaching a record $237.9 billion.
This success was driven by investments in toll roads, student housing, and the strong U.S. economy.
The Australian government updated the fund's mandate to include national priorities like renewable energy and housing.
The fund's growth also boosted the value of six other managed funds by 10%, totaling $66.7 billion.
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El Future Fund de Australia superó su objetivo con un 12,2% de retorno, alcanzando un récord de $237.900 millones en 2024.