Cbus has added $300 million to two existing mandates as it looks at beefing up its allocations to shares.
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."
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