Future Generation appoints first CIO

Yasmine Raso

Senior Journalist, Financial Newswire

19 February 2025

Former Perpetual Asset Management Head of Private Wealth, Lee Hopperton, has joined philanthropic investment venture, Future Generation, as its inaugural Chief Investment Officer.

Hopperton brings over two-and-a-half decades of expertise and experience in the investment industry to the $1.4 billion group, having held previous senior roles at JP Morgan Chase, Macquarie Group and Auscap Asset Management.

According to Future Generation, Hopperton will advise the group’s Investment Committees and grow its “unique” investment strategy, working closely with chief executive, Caroline Gurney, to market the firm across a wider network of brokers, financial planners and high net worth (HNW) investors.

“Lee’s appointment adds significant investment and distribution muscle to our operations and will elevate our growth strategy to the next level. We are thrilled to have someone of Lee’s calibre join the team,” Gurney said.

“His understanding of listed equities, extensive industry knowledge and relationships will boost Future Generation’s reach, as well as our ability to provide both strong shareholder returns and funding to vital social causes.”

Future Generation’s three funds will also fall under Hopperton’s remit, including Future Generation Australia (FGX), Future Generation Global (FGG) and the newly-launched Future Generation Women.

“Future Generation is an incredible model which makes a significant social impact without compromising investment returns,” Hopperton said.

“This is a rare and exciting opportunity in financial services as the model has generated solid returns with lower volatility. I am looking forward to ensuring that more people understand just how powerful Future Generation is.”