Australian superannuation fund Cbus has promoted Brett Chatfield to deputy chief investment officer.
Chatfield, a 2018 CIO NextGen and 40 Under Forty honoree, has been with the A$50 billion ($34 billion) plan since 2013 as its head of public markets. He led innovations such as revamping its emerging markets portfolio and building out its opportunistic growth portfolio. Chatfield also oversaw equities, debt, and absolute return strategies.
His deputy CIO role is new, and Chatfield will keep his previous responsibilities while focusing on “the next stage of the fund’s investment strategy evolution,” Cbus said.
That means implementing new strategies alongside CIO Kristian Fok, who said Chatfield has “demonstrated his abilities as a broad thinker and investment leader” during his time with the fund.
“Brett has an unwavering determination to make sure members are achieving the best possible retirement outcomes,” said Cbus Chief Executive Officer David Atkin.
In his NextGen profile, Chatfield said he was most excited to keep the fund’s internalization program on track, launching several strategies, and restructuring various portfolios. When it came to peer advice, he offered a simple but wise gem.
“Constantly learning and evolving is critical, and aim to read as much and as widely as you can,” he told CIO.
The current class of NextGens is being rolled out now.
A superannuation fund is a pension plan that invests the retirement assets of a nation’s workforce in specific industry sectors, such as medical staff.
Chatfield could not be reached for original comment.