Position: Chief Executive Officer, Future Generation
Contact Information:
- Telephone: +61 2 9247 9202
- Office Address: Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000
- Email: info@futuregeninvest.com.au
Professional Background
Caroline Gurney is the current Chief Executive Officer (CEO) of Future Generation, an investment company that combines philanthropic initiatives with traditional investment strategies. She has extensive experience in the financial services sector, spanning over 25 years, with a focus on marketing, corporate affairs, and corporate social responsibility.
Previous Roles and Experience
- UBS: Held senior positions for over 18 years, managing corporate affairs.
- Citibank: Occupied significant roles in corporate strategy.
- Global Experience: Worked across London, Asia-Pacific, and Australia.
Board Memberships and Other Affiliations
- Current Positions:
- Ascham School Council: Member since October 2015.
- Centennial Park and Moore Park Foundation: Member.
- Australian Indigenous Education Foundation (AIEF): Ambassador.
- Our Watch: Director, an organization aimed at preventing violence against women and children.
- Previous Roles:
- UBS Australia Foundation: Director and founder.
- Future Generation Australia: Director.
- Chief Executive Women: Council Member, and active participant since 2012.
Future Generation Insights
Company Overview
Future Generation (ASX: FGX and ASX: FGG) blends philanthropic support with investment returns. The innovation of the company lies in giving investors access to a range of top-tier Australian fund managers, with all investment management fees waived, thereby enabling donations to be made to non-profit organizations focusing on children and youth at risk.
- ASX Code: FGX
- Assets (as of 31 August 2024): $577.9 million
- Share Price: $1.245
- Pre-tax Net Tangible Assets: 139.96c per share
- Annualized Fully Franked Interim Dividend: 7.0 cents per share (5.6% yield, grossed-up 8.0%)
Investment Portfolio Performance
- Since Inception (Sept 2014): 9.3% p.a.
- 1 Year Performance: 14.2%
- Comparison to S&P/ASX All Ordinaries Accumulation Index:
- Outperformance: 1.1% over financial YTD and 0.8% over 7 years
Strategic Initiatives
Caroline emphasizes on driving social impact through Future Generation’s Impact Investment Initiative, which recently won awards for its innovative approach in measuring and maximizing social outcomes.
Recent Activities and Media Presence
- August 14, 2024: Engaged in analyzing data from the Impact Investment Initiative.
- August 5, 2024: Participated in a deep dive session on current market dynamics with Nikki Thomas, CFA.
- April 4, 2024: Hosted the Future Generation Shareholder Presentations in Sydney, a well-publicized event.
Professional Interests and Personal Achievements
Caroline’s role extends beyond corporate leadership into active participation in social causes, particularly focusing on education and preventing violence against marginalized groups. Her leadership at Future Generation is marked by a blend of strong financial acumen and a commitment to social responsibility.
Summary
Caroline Gurney’s profile highlights a seasoned financial services professional who leverages her extensive experience in marketing and corporate strategy to lead Future Generation. Her dual focus on investment returns and social impact provides a unique value proposition for stakeholders involved with Future Generation.
