POWERED BY MOMENTUM MEDIA
Cbus Super expands asset allocation team
Two new hires from QIC and AustralianSuper have joined the Cbus Super investment team.
Divya Jain was named portfolio strategist following a seven-year stint at AustralianSuper, most recently as associate portfolio manager in the fixed income, credit and currency (FICC) team.
Her experience included broader currency management and portfolio construction.
Nathan Cotton would join as a senior analyst, focusing on macroeconomic and market analysis and research of relevance to the Cbus investment portfolio. He had previously been with QIC for six years and had also worked as an economist with the Reserve Bank of Australia (RBA).
According to Cbus Super chief investment officer, Brett Chatfield, the new appointments were part of ongoing enhancement of the fund’s strategic and dynamic asset allocation processes.
“The ongoing, general, focus to bring resources in-house where the business case is strong has paid dividends with the Cbus team now managing 37.6% of the portfolio in-house and in hybrid strategies, helping to save members more than $500 million in investment fees since 2017,” Chatfield elaborated.
“We see a whole range of benefits including greater insights for our asset allocation process, sharpening our external manager selection, highly efficient liquidity and exposure management, extensive incorporation of responsible investing principles to drive long-term sustainable returns, and more granular risk and performance analytics.
“All of this combines to continue to deliver strong returns to our members.”
As of June 2022, the industry super fund managed over $70 billion for its more than 850,000 members.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Recommended for you
The research house has hired an experienced product specialist for its Australasian team.
An experienced communications specialist is joining the industry group in a newly created role.
The $46 billion investment corporation owned by the government of South Australia has hired an experienced investment professional to its leadership.
The $300 billion fund has appointed a new CRO to drive its governance capabilities.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
