POWERED BY MOMENTUM MEDIA
Cbus expands internal investment team
Cbus has appointed Mark Ferguson as head of total portfolio management and will be responsible for asset allocation, capital markets and portfolio execution, and the quantitative solutions teams.
Cbus chief investment officer, Kristian Fok, said the appointment was part of the superannuation fund’s internalised investment structure drive.
“Mark brings particularly strong expertise in currency, asset allocation process design, risk management, and overlay management. Alongside extensive experience in investments strategy, superannuation and with regulation, providing a unique perspective for Cbus,” Fok said.
“This appointment further strengthens Cbus’ overall investment capability and continues our strategy to build our level of expertise in-house. This enables Cbus to respond quickly to opportunities and negotiate directly for the best investment outcomes for our members.”
Ferguson was most recently head of investment risk at the Australian Prudential Regulation Authority (APRA) and prior to that, managed AustralianSuper’s active and overlay currency programmes.
“I’m delighted to be joining a super fund that is so focused on generating the best investment outcomes for its members,” Ferguson said.
“My experience and outlook strongly align with Cbus’ investment objectives for their members and I look forward to contributing to the consolidation and enhancement of its history of top-quartile performance.”
Currently, over 35% of member investments were being managed internally.
Recommended for you
The Albanese government has appointed Jim Craig as a member of the Future Fund Board of Guardians for a five‑year term.
The $100 billion fund has appointed a new deputy CIO from within.
The $149 billion fund has named new directors following the departure of three outgoing board members.
The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.45 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
