Cbus Super promotes Leigh Gavin to deputy CIO
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The news: Industry fund Cbus Super has internally appointed Leigh Gavin to the role of deputy chief investment officer.
The context: Cbus, which has $100 billion in funds under management, said Gavin will play a pivotal role in the next phase of growth of the fund's internal investment model.
Gavin has been part of Cbus' investment leadership team since 2023, following senior roles at the country's largest super fund AustralianSuper.
What they said: "We are forecasting that our internal investment capabilities will grow to about 50% of the portfolio within three years," said Cbus' chief investment officer Brett Chatfield.
"Leigh will continue to look at ways we can bring further strategies in-house as part of Cbus’ five-year investment strategy."
Gavin said: "Cbus is entering a ‘Goldilocks period’ where we are small enough to take advantage of a range of opportunities and large enough to be achieving real economies of scale for members".
The source: Cbus Super release
