Cbus expands its investment team | Financial standard

Five new roles have been added to the investment division of the industrial fund, including hires from Commonwealth Super Corporation and MLC.

Cbus said the appointments are part of the continued expansion of its internal investment capabilities. They include a promotion, which is that of Anna Weickart to senior director, equity manager research. She was previously Senior Portfolio Manager, Equities.

Cbus said the new role is important and was created to manage its expanding equity manager research program. Weickart will also continue to be the portfolio manager of Cbus’ climate change portfolio, the fund added.

Following Weickart’s promotion, Myooran Mahalingam was appointed Senior Portfolio Manager, Global Equity Portfolio Construction. In this role, he has primary responsibility for building the global equity and emerging market equity portfolios.

Mahalingam is currently Portfolio Manager of Global Equities and Listed Properties at MLC, a position he has held for over nine years. In total, he has spent the past 21 years at MLC in a variety of roles. He will take up his new duties in November.

Adrian Dark has joined the real estate team as Associate Director, overseeing the existing portfolio and seeking out new investment opportunities. He joined Citi Research where he was Director, Head of Property.

Dark worked at Citi for over 12 years and also has experience with Credit Suisse. He joined Cbus last month.

Ashleigh Baxter is now Investment Manager, Direct Debt. She joined in August from NAB where she was most recently Associate Director, Debt Markets. She also has experience at Macquarie Capital and EY.

Baxter is focused on managing existing debt transactions and sourcing new debt transactions for Cbus’ internal direct debt portfolio, which now totals $1 billion.

Finally, Jonathan Meagher has been appointed senior analyst within the infrastructure team. It focuses on both transactional business and asset management functions, Cbus said.

Meagher started in the new role last month, having finished with Commonwealth Superannuation Corporation where he was an investment analyst, private markets for nearly three years. He previously spent four years in HSBC’s infrastructure and property group and, with an engineering background, also held positions at Laing O’Rourke and construction company SMEC.

“The roles support our insourcing and total portfolio approach,” explained Brett Chatfield, Deputy Chief Investment Officer.

“Our members continue to benefit from our investment insourcing program which exceeds expectations and continues to reduce our investment costs.”