AUSTRALIA - The $A5.1bn Construction and Building Industry Super (Cbus) fund has made its first hedge fund allocation, awarding international hedge fund-of-fund manager Financial Risk Management a $45m mandate in February, while increasing its investments in alternatives and re-weighting its Australian equities portfolio in favour of active management.
The fund has also made its second foray into infrastructure, awarding a $50m mandate to the Development Australia Fund’s (DAF) Social Infrastructure fund for diversification and risk management, sa...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date