There was a wide disparity in the pension funds’ allocations to unlisted assets, with the highest being AustralianSuper (32 per cent), Legalsuper (31 per cent) and Maritime Super (30 per cent) and the lowest being AXA Summit and CFS First Choice (both zero) and First State Super (2 per cent).
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Investments
The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.















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