Highlights
- Leigh Gavin named new CIO of Cbus Super
- $150 billion growth target set for decade-end
- Focus expands to AI-driven infrastructure and global strategies
Cbus Super has appointed Leigh Gavin as its new Chief Investment Officer (CIO), signaling a strategic focus on expansion and innovation as the fund sets its sights on growing assets under management from $100 billion to $150 billion by the close of the decade.
Gavin steps into the role following the departure of Brett Chatfield, who transitions to a new opportunity in a private family office. Having joined Cbus in 2023, Gavin brought with him extensive experience from key roles in the superannuation sector, including head of investment model design at AustralianSuper and CIO at LUCRF Super. His deep background in advising major institutional funds, notably during his tenure at Frontier Advisors, positions him strongly to lead Cbus into its next growth phase.
In his new role, Gavin will guide the development and execution of major initiatives, including the launch of an actively managed large-cap Core Australian equities strategy. This aligns with Cbus Super’s broader strategy to build out internal investment capabilities across global markets while enhancing its exposure to high-potential sectors.
A major emphasis under Gavin’s leadership will be on infrastructure investment, particularly in assets aligned with the digital economy. “Data centres are the bricks and mortar of the AI revolution,” he noted, highlighting a keen interest in supporting technological transformation through strategic infrastructure investments. In addition, property diversification and backing the energy transition remain on the radar, reflective of a forward-looking approach that resonates with long-term retirement savings goals.
The appointment comes at a pivotal time for superannuation funds, which are adapting to shifting economic landscapes and member expectations. Funds like Cbus Super are increasingly looking inward to develop active investment capabilities, reinforcing confidence among members by generating consistent returns. For income-focused investors, such growth strategies may intersect with interest in ASX dividend stocks, offering potential opportunities in a rising-yield environment.
As part of the broader ASX200 investment landscape, Cbus Super’s evolution under Gavin’s guidance could influence market trends, especially in sectors like infrastructure, property, and clean energy. The long-term vision outlined by Gavin reflects a commitment to value creation through strategic investment and innovation, ensuring members benefit from each additional basis point earned.
Gavin’s appointment underscores the fund’s drive to remain agile, diversified, and focused on members' futures, with a clear mandate to leverage emerging opportunities across global markets.