Cbus looks closer at risk on its table

With $3 billion in alternative assets, Cbus has begun searching for an investment analyst to monitor the hefty allocations, which account for almost one quarter of the fund’s capital.

Trish Donohue, investments and governance manager at Cbus, said the fund required a dedicated resource to monitor the risk exposures within its alternatives portfolio – particularly its private equity and infrastructure investments.

Cbus already employed two investment analysts to cover its portfolios, but needed an internal resource to focus on alternatives, Donohue said.   

This would entail analysing the performance, operations and objectives of currently held managers and liaising with Frontier Investment Consulting, the fund’s asset consultant, when concerns were uncovered.

It is understood that a third investment analyst would enable the fund to dedicate resources to fixed income, listed equities and the unlisted space.

 

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Mercer Super expands into frontier market debt, builds out PE program

The $80 billion Mercer Super has delivered a fourth consecutive year of double-digit returns to most members of its SmartPath lifecycle product. Global equities did a lot of heavy lifting, but chief investment officer Graeme Miller tells Investment Magazine that the fund is now looking further afield for returns.

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