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.
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