CBUS Super

Kristian Fok has been the Chief Investment Officer since 2017. He leads the internal investment team and reports to the board of United Super Pty Ltd, the fund's trustee company. Fok also chairs the Australian Sustainable Finance Institute (ASFI) and serves on the board of the Australian Council of Superannuation Investors (ACSI).

CBUS Super operates Cbus Property, a wholly-owned development and investment management arm that originates, develops, and holds commercial and residential assets directly. This eliminates reliance on external property fund managers for a material portion of its real estate allocation. Landmark holdings include Collins Arch in Melbourne, 111 Castlereagh Street in Sydney, and 443 Queen Street in Brisbane.

The Construction, Forestry and Maritime Employees Union (CFMEU) is one of two sponsoring organizations that established CBUS Super in 1984, alongside Master Builders Australia. The union does not control investment decisions, but its nominees hold trustee board seats under the industry superannuation governance model.

Media Super, which served printing, media, entertainment, and arts workers, merged with CBUS Super in 2022. Energy Industries Superannuation Scheme (EISS Super), which served energy-sector workers, merged into the fund in 2023.

Yes. While its direct real estate portfolio is domestic, CBUS Super allocates to international equities, global infrastructure, private equity, and hedge fund strategies. The fund's unlisted infrastructure exposure includes assets in OECD markets beyond Australia.

CBUS Super is a PRI signatory and an active member of the Investor Group on Climate Change (IGCC), where board member Stephen Dunne is the Chair. Kristian Fok chairs the Australian Sustainable Finance Institute. The fund has committed to a net-zero emissions target, pursued through engagement, portfolio tilts, and investment in renewable energy infrastructure.

Cbus Property acts as developer and long-term owner of large-scale commercial and residential projects, many of which employ the same construction-trade workers who are CBUS Super members. This vertical integration means the fund captures developer margins and retains assets for income, rather than selling upon completion, aligning development profits with member retirement outcomes.