Cbus lays stake in UK infrastructure

16 October 2018
| By Hannah |
image
image
expand image

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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 5 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Private market assets in super have surged, while private debt recorded the fastest growth among all investment types....

1 hour 43 minutes ago

The equities investor has launched a new long-short fund seeded by UniSuper, targeting alpha from ASX 300 equities using AI insights....

1 hour 48 minutes ago

The fund has strengthened efforts to boost gender diversity, targeting 40:40:20 balance across its investment teams by 2030....

1 hour 51 minutes ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3