Australia’s Cbus backs high-active-share approach
The pension fund's head of public markets investments said it had benefited from a more concentrated portfolio, an approach recommended by Willis Towers Watson in a new study.

Asset owners are being told they need to stop accepting mediocre performance from their external equity fund managers, and look at hiring more managers that follow a high ‘active share’ approach. Melbourne-based superannuation fund Cbus is on board with this thinking.
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