Mar
19
Wanted: Credit Experts for $28 Billion Australian Pension Fund
By-
CBUS looks to boost credit, infrastructure and property teams
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Fund receives A$1.75 billion in new contributions each year
An Australian pension fund overseeing A$37 billion ($28 billion) in assets is looking to hire investment staff to bolster its credit, infrastructure and property teams as it diversifies away from Australian equities.
Melbourne-based Construction & Building Unions Superannuation, which managed Australia’s second-best performing pension strategy in 2016, aims to bring more of its asset management in-house. It joins the nation’s biggest pension fund, the A$100 billion AustralianSuper Pty Ltd., and UniSuper Management Pty Ltd., in growing their internal investment businesses…
Wanted: Credit Experts for $28 Billion Australian Pension Fund
