POWERED BY MOMENTUM MEDIA
Cbus lays stake in UK infrastructure
Major industry fund, Cbus has today announced its first direct offshore infrastructure investment, joining other global pension fund partners in investing a stake in the United Kingdom ports group, Forth Ports.
The group owned and operated eight commercial ports in the UK, with funds such as PSP, First State Super and GLIL also investing stakes.
“Forth Ports has a proven track record of strong performance and high growth, with a strong management team that shares Cbus’ values of responsible, long-term and sustainable practice. It is an expanding ports operator with long-term value underpinned by freehold title to all ports,” Cbus chief executive, David Atkin, said.
Cbus head of infrastructure, Diana Callebaut, said: “Our direct investment in infrastructure assets like Forth Ports aligns with the fund’s long-term outlook, offering a strong pipeline of growth opportunities and aligning with our strategic approach to responsible investment.”
Recommended for you
Australian superannuation funds have slightly lifted their hedge ratios on international equities, reversing a multi-year downward trend.
Challenger’s chief economist expects the US economy will see a prolonged recovery with President Donald Trump’s policies unlikely to have a lasting effect on equities and investments.
A research firm says errors are a “natural part” of running a company with humans and has reversed its previous poor rating for the exchange.
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
