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Cbus announces partnership with QIC

Cbus announces partnership with QIC

Reporter
— 1 minute read

QIC has partnered with industry fund Cbus to deliver a listed equity strategy for its superannuation products.

In a statement, Cbus said it has partnered with QIC on a program designed to manage a portfolio of exchange-traded equity options within Australian and international equity markets.

“Reflecting the strong calibre of the team at QIC, the relationship gives us access to strategies and ideas that may generate more opportunities for us going forward,” Cbus executive manager of investment strategy, Kristian Fok, said.

Cbus said it will work with QIC to see if the program is scaled up or down, considering the relative merit of options and risk strategies available.

“One of the advantages of the strategy is the flexibility it provides as we develop new products in the retirement space,” Cbus investment manager – strategy, Tim Ridley, said. 

Mr Ridley said the strategy will allow Cbus to tailor its product offering to members as they near retirement, a sentiment echoed by QIC chief executive Damien Frawley.

“We’re pleased to have been able to develop a tailored options solution specific to Cbus’ investment requirements,” Mr Frawley said.

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Cbus announces partnership with QIC
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