Cbus Investment Managers
Cbus uses Australian and international investment managers. Each investment manager is responsible for a specified amount of the Fund’s assets. They are managed in accordance with a mandate as agreed between the manager and the Trustee in consultation with the investment adviser. The Trustee monitors the performance of each investment manager closely throughout the year and compares it with industry benchmarks. The investment managers used by Cbus are shown in the table below.
Investments as at 30 June 2011 $'000s Total Australian Equities Total International Equities Total Alternative Total Fixed Interest Total Property Total Cash Total Investments
Australian Equities
Industry Funds Management
1,611,545
Paradice Investment Management
1,037,284
Perpetual Investment Management
1,018,437
Ausbil Dexia
819,663
Hyperion Asset Management
615,126
Orbis Investment Management
361,719
Kinetic Investment Partners
120,801
Kosmos Asset Management
78,021
Citigroup Global Markets Australia
14,200
5,676,796
International Equities
BlackRock Investment Management Australia
900,791
Trilogy Global Advisors
369,534
Orbis Investment Management
356,035
Baillie Gifford Overseas
341,549
MFS Institiutional Advisors
336,011
Wellington Management Company
299,068
Lazard Asset Management
291,392
T. Rowe Price Global Investment Services
268,908
Walter Scott and Partners
231,602
Genesis Emerging Markets Investment Company
94,948
Platinum Investment Management
94,339
First State Investment Management
93,273
Lee Overlay Partners
27,837
Warakirri Asset Management
1,911
Citigroup Global Markets Australia
16
3,707,214
Alternative Assets
Industry Funds Management
1,657,658
Hastings Funds Management
452,760
Quay Partners
140,649
ME Portfolio Management
136,739
Siguler Guff & Company
132,277
Mesirow Financial Private Equity Advisors
131,177
Macquarie Investment Management
119,578
Access Capital Advisors
117,669
Lexington Partners
85,403
LGT Capital Partners
82,603
ING Investment Management
78,089
Lee Overlay Partners
68,357
Bridgewater Associates
66,850
Adveq Management
41,897
Performance Equity Management
37,919
Superpartners
33,228
Perpetual Investment Management
25,641
Wilshire Private Markets Group
23,757
Greenspring Associates
21,654
VenCap International
20,533
Colonial First State Asset Management
16,296
Weathergage Venture Capital
15,316
Newbury Associates
11,484
Oaktree Capital Management
9,635
Artwork
7,261
Frontier Investment Consulting
1,321
3,535,751
Fixed Interest
ME Portfolio Management
382,017
Industry Funds Management
323,836
BlackRock Investment Management Australia
195,435
901,288
Property
Cbus Property
1,036,261
ISPT
681,150
AMP Capital Investors
398,775
Fortius Funds Management
96,966
MGPA
21,252
Franklin Templeton Investments Australia
6,699
Lee Overlay Partners
1,916
2,243,019
Cash
Colonial First State Asset Management
844,855
National Mutual Life Association of Australia
246,779
Members Equity Bank
136,625
1,228,259
17,292,327
