4 August 2023
Cbus Super boosts internal team with new Head of Portfolio Strategies
Cbus Super is pleased to announce the appointment of Leigh Gavin as Head of Portfolio Strategies. This critical role has been created to continue to drive Cbus Super’s new five-year investment strategy, through which the Fund intends to internalise more than half its assets under management, while also enhancing global partnerships for greater access to new investment.
Cbus Chief Investment Officer Brett Chatfield said, “This is a key appointment to assist in accelerating the Fund’s internal equities capability, which currently manages around $7.7 billion in fundamental strategies*, and we are delighted to secure Leigh for this role. Leigh is highly regarded across the industry with a proven record of optimising portfolio outcomes. Leigh will also provide support across our broader internalisation programme as well as key strategic portfolio initiatives and business management activities.”
Mr Gavin said, “Cbus is a highly regarded and high performing Fund. I look forward to joining the team at an exciting time in the execution of the Fund’s strategy and growth in its internal capability, all focused on continuing to drive greater long-term returns for members.”
Mr Gavin will join Cbus from AustralianSuper where he was most recently Head of Investment Model Design. Prior to this, Mr Gavin was Chief Investment Officer of LUCRF Super following a long career advising some of Australia's largest funds at Frontier Advisors.
Members of Cbus Super, the $85 billion industry super fund for the building, construction and allied industries, continue to benefit from its investments internalisation program. Cbus Super’s previous successful five-year investment strategy saw 38% of asset management brought in-house, reductions to external manager costs, asset class refinements and total investment fee savings of $512 million** for members.
Leigh Gavin bio
Leigh Gavin has been Head of Investment Model Design at AustralianSuper since February 2022, after joining the Fund’s Total Portfolio Management team in April 2021. In his recent role, Leigh was responsible for providing advice and insights on investments and portfolios, frameworks for oversighting internal portfolios as well as the management, monitoring and control frameworks for investment performance, investment risk and cost.
Mr Gavin joined AustralianSuper from LUCRF Super, where he was Chief Investment Officer from May 2016 to April 2021. Mr Gavin joined LUCRF Super from Frontier Advisors, where he was a Senior (Principal) Consultant from 2007 until 2016, after joining as an Analyst in 2002. Prior to joining Frontier he worked in assurance and business advisory at Arthur Andersen. He holds a Bachelor of Commerce degree from the University of Melbourne and is a Fellow of Finsia and has completed a Graduate Diploma of Applied Finance and Investments, and a Masters of Applied Finance and Investments, both through Finsia.
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This information is about Cbus and doesn’t take into account your specific needs. You should look at your own financial position, objectives and requirements before making any financial decisions. Refer to Cbus Product Disclosure Statement, Target Market Determination and Financial Services Guide for more information. Call 1300 361 784 or visit cbussuper.com.au for a copy.
Cbus is the leading Industry Super Fund representing those that help build and maintain Australia. As one of Australia’s largest super funds, we provide superannuation and income stream accounts to more than 910,000 members and we manage more than $85 billion of our members’ money (as at 30 June 2023). Our members include workers and retirees, their families and employers. As of April 2022, Cbus merged with Media Super and offers Media Super products. For more than 30 years Media Super has been the industry super fund for Print, Media, Entertainment and Arts, and broader creative industries. In May 2023 Cbus Super successfully completed its merger with EISS Super, welcoming 17,000 new members and establishing itself as the leading fund for energy and electrical workers in Australia.
Issued 4 August 2023, United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 as trustee for Construction and Building Unions Superannuation Fund (Cbus Super and/or Cbus) ABN 75 493 363 262.