Future Fund promotes Ben Samild to chief investment officer

Ben Samild has been appointed chief investment officer, the fund’s fourthThe $202 billion Future Fund has appointed Ben Samild as its new chief investment officer – ending a year-long period in which chief executive Raphael Arndt held the dual role.

The Future Fund is due to report its returns for the financial year later this month, and has so far exceeded its target return of 4 to 5 per cent above the inflation rate. Mr Costello said Mr Samild had “played an important role in supporting the Board’s focus on generating returns while managing risk.”

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