In Defence of Life-cycle Strategies
Australian Catholic Super CIO Michael Block addresses some of the criticism of lifecycle strategies and argues that we should take a closer look at the concept behind it. “To always place a member who is 20 years old with a 60-year old member in the same strategy is clearly ridiculous,” he says.
Real Estate Profile – Cbus Property
As the search for yield has driven up prices of commercial properties, many pension funds are scrambling around to find investments with decent risk/return characteristics. It is a problem that Cbus hasn’t had to deal with, largely because it owns a fully-fledged property developer in Cbus Property that has a healthy pipeline of projects. Florence Chong speaks with Cbus Super’s Grant Harrison about risk management, ESG and external managers.