Australia Largest Pension Fund $60 Billion Cbus Reviews Investment Policy to Divest Shares in Companies that Supply Weapons & Defence Technology to Israel Including Existing Weapons Manufacturers Lockheed Martin & RTX, Australia Construction, Forestry, Maritime & Energy Union Raised Concerns to Cbus of Investing into Companies Involved in Middle East Conflict Between Israel & Gaza
16th May 2024 | Hong Kong
Australia largest pension fund $60 billion (A$90 million) Cbus is reviewing investment policy to divest shares in companies that supply weapons & defence technology to Israel including existing weapons manufacturers Lockheed Martin & RTX. The (Australia) Construction, Forestry, Maritime & Energy Union had raised concerns to Cbus of investing into companies involved in the Middle East conflict between Israel & Gaza. In 2023 June, Cbus announced a strong return of 9.49% for its Growth (MySuper) investment option over the 2023 calendar year, and 10 year average return of the Growth (MySuper) option to 7.60% per annum (as at 31 December 2023). Cbus is the leading Industry Super Fund representing those that help build and maintain Australia.
“ Australia Largest Pension Fund $60 Billion Cbus Reviews Investment Policy to Divest Shares in Companies that Supply Weapons & Defence Technology to Israel Including Existing Weapons Manufacturers Lockheed Martin & RTX, Australia Construction, Forestry, Maritime & Energy Union Raised Concerns to Cbus of Investing into Companies Involved in Middle East Conflict Between Israel & Gaza “
Australia Largest Pension Fund $60 Billion Cbus Reviews Investment Policy to Divest Shares in Companies that Supply Weapons & Defence Technology to Israel Including Existing Weapons Manufacturers Lockheed Martin & RTX, Australia Construction, Forestry, Maritime & Energy Union Raised Concerns to Cbus of Investing into Companies Involved in Middle East Conflict Between Israel & Gaza
![](https://www.caproasia.com/asia/wp-content/uploads/2021/01/Sydney-Australia-6.jpg)
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit