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Showing 111 - 120 of 832 results for "CBUS"

Cbus divests renewable asset

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
Cbus and CVC DIF - the infrastructure strategy of global private markets manager CVC - have agreed to the sale of 1 GW portfolio of Australian renewable energy assets to Potentia Energy for an unknown sum. The geographically and technologically diverse ...

Cbus recruits lead for new core equities portfolio

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
Cbus has appointed an executive to manage a new portfolio of active large-cap Australian stocks as the fund steps up its push to bring more of its assets in-house. The $100 billion industry fund has appointed Cooper Investments veteran Ryan Riedler ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... concerns about fitness and proprietary processes and fund expenditure management. At the same time, APRA cracked down on Cbus' trustee in response to allegations of "serious misconduct" within the Construction, Forestry and Maritime Employees Union (CFMEU) ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... 43% of what all super funds collectively spent ($31.7 million). Hostplus leaves other sponsorship budgets in the dust as Cbus, which spent $5 million, made the second-largest outlay. HESTA followed with $2 million and Australian Retirement Trust (ART) ...

Cbus hits $100bn in member assets

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
Cbus delivered double-digit returns in 2024, helping to propel its members' assets to the $100 billion mark. The default Growth (MySuper) investment option generated returns of 10.77% for 2024. The fund's High Growth investment option, returned ...

Super moves: ART, QIC, Rest, CareSuper

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... broader investment team. After ten years with First Sentier, she was a senior portfolio manager of responsible investments at Cbus Super and Realindex. Earlier in her career, Castles worked within the asset consulting team at Towers Perrin. Back at Rest ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators. ASIC suing Cbus for poor member claims experience and the 70% decline in Link Group's (which is now MUFG Pension & Market Services) ...

Cbus to play key role in new Bluey movie

JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2024
The newly announced Bluey movie is set to fetch big dollarbucks for Cbus members. Cbus members will benefit from the newly announced Bluey feature film, with the industry super fund a major backer of the movie's financier. Parents and children alike ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... Fund following the sale of its assets to RF Corval earlier this year. Also last month, the Supreme Court of NSW ruled that Cbus and UniSuper, the co-owners of Macquarie Centre, one of the Dexus Wholesale Shopping Centre Fund's major assets, could ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... interests of members. It also found the fund's processes for determining the propriety of board directors are lacking. Cbus has released the independent review conducted by Deloitte, saying it has accepted all 26 recommendations, which largely relate ...