The Future Fund has today announced the appointment of Toby Johnston to the role of Chief Economist, with effect from 27 January 2022.

The new role will report directly to the Chief Investment Officer, Sue Brake, with a primary focus on providing strategic advice, analysis and insights on relevant global macro-economic issues and opportunities to the Agency and the Board of Guardians.

Mr Johnston will lead the Agency’s economics team and was appointed following an extensive global search process. He brings a wealth of experience in investment strategy and economics and joins the Future Fund directly from Wellington Management, where he held the role of Global Macro Strategist for over 17 years.

Mr Johnston has a master’s degree in economics from the Australian National University and a Bachelor of Economics with First Class Honours from the University of Western Australia.

In making the announcement, Ms Brake said, “The world is changing and how we respond to these changes is critical. This is an important senior role that will deepen our understanding of key macroeconomic issues such as those discussed in our recent position paper, and bring a strong investment lens to analysing and responding to those issues.

“Toby is a deeply experienced and highly regarded investment and economics professional with global expertise. His appointment further bolsters the Agency’s strategic investment capabilities and will enrich the quality and value of the advice we provide to the Board as it navigates the new investment world.”


For more information:

Arriarne Kemp-Bishop                                                                           

Manager, Corporate Affairs                                                                       

Future Fund                                                                                                                                  

M: +61 (0)414 311 331


Will Hetherton

Head of Corporate Affairs

Future Fund 

T: +61 (0)3 8656 6443

M: +61 (0)439 016 678