This week in asset owner history: Future Fund aims for A$200 billion AUM by 2026

Five years ago, the Future Fund revealed its expectations for its asset base to grow to over A$200 billion ($158.09 billion) by 2026, after receiving assurances from the Australian government that it would not draw down upon these assets for at least nine years. While the fund has hit its projected assets under management (AUM) four years ahead of schedule, the target has moved.  At a quarterly results briefing held on August 30, 2017, in Melbourne, Peter Costello, chair of t…