Construction and building industry superannuation fund Cbus is dipping its toes back into equities after injecting a $300 million top up into two mandates with current managers.
Paradice Investment Management's Australian large-cap share fund received a $150 million boost and now looks after $390 million for Cbus.
Industry Funds Management also got a $150 million top up for its passive Australian share mandate.
Cbus investment and governance manager Trish Donohue said the fund had started putting money back into equities based on a medium-term view.
"We're getting ready to go back into equities with a risk-managed approach, although we're not looking at appointing any new managers," Donohue said.
"We will be looking at equities in general over the next 12 months."
