The Auckland Future Fund Board has appointed Vontobel as its global investment manager with the responsibility to manage $1.3 billion in funds on behalf of Auckland Council.
The Long-term Plan 2024-2034 sets out how Auckland Council will work to improve the daily lives of Aucklanders over the next 10 years and how the council will fund its activities. The plan was adopted by the council’s Governing Body on 27 June, 2024.
The Long-term Plan includes the establishment of the Auckland Future Fund, to protect the value of the council’s intergenerational assets, enhance cash returns, deliver diversification and improve financial flexibility.