POWERED BY MOMENTUM MEDIA
Cbus make good on investment restructure
Cbus has appointed Kristian Fok as executive manager for investment strategy after revealing a restructure of its funds investment framework in its annual report.
The super fund said in its yearly review that it would focus on dynamic asset allocation and building its in-house capabilities.
Fok would be a key driver of the fund's investment strategy and implementation through active asset allocation and asset class strategies, Cbus chief executive David Atkin said.
Atkin said Fok would join executive manager of investment management Trish Donohue, who has been responsible for the fund's governance and risk management strategies and has put in over a decade with the super fund.
His previous role as deputy director of consulting for Frontier Advisers saw Fok act as senior investment consultant to a number of superannuation funds including Cbus for 13 years, while he has also previously worked as a consulting actuary.
Fok starts with Cbus in December.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
36.96 3 y p.a(%)
3
GAM LSA Private Shares AU I
34.22 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
VanEck Video Gaming and eSports ETF (AU)
28.89 3 y p.a(%)
