Cbus chief executive, David Atkin, has been named the winner of the 2017 Fund Executive Association Limited (FEAL) Fund Executive of the Year award.
Atkin won the award at a FEAL members’ dinner held in Melbourne on 2 August for his market contribution in areas such as environmental, social, and governance (ESG), diversity, the indigenous community, and unpaid super as well as his leadership at Cbus.
FEAL CEO, Joanna Davison, said: “Stand out examples of where David has had the most impact include his successful championing of innovation, sustainability, and the development of a new investment strategy to benefit members”.
“He has also ensured that Cbus has been at the forefront of public policy debate which has resulted in Cbus being the recipient of numerous awards under David’s leadership.”
Atkin has been Cbus CEO since 2008, the industry default fund which manages more than $40 billion on behalf of 770,000 members in the building and construction industry.
Atkin has also been the Australian asset owner representative on the Principles of Responsible Investment Council since 2009, is a member of the CEO Panel for the Investor Group on Climate Change, and is an Australian Institute of Company Directors (AICD) Investors Working Group member for the 30 per cent club, which campaigns for 30 per cent of women on Australian Securities Exchange (ASX) 200 boards by the end of 2018.
Governor Bullock took a more hawkish stance on Tuesday, raising concerns over Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.