Cbus has appointed Ciaran McBride as head of investment options management.
This newly-created role would be responsible for ensuring that all investment options were invested to be consistent with their investment strategy, and that the performance of the investment options reflected the targets of these strategies.
Options rebalancing was formerly conducted by custodian JPMorgan until December 2021 but the superannuation fund had now moved to internal management.
McBride was formerly head of investment analytics at the fund which Cbus said would help him as he had experience across the fund’s pricing structure.
He would report to Mark Ferguson, head of total portfolio management.