CBUS Property's direct investments created 70,000 Australian construction jobs over eight years
Kristian Fok · Kristian Fok – Australia's CBUS Superannuation CIO (Capital Allocators, EP.66) · Aug 27, 2018 · at 44:40
Kristian Fok, CIO of CBUS Superannuation, explains how CBUS's direct property investment arm generates both investment returns and sector employment.
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“CBUS Property not only has generated those returns, but in the last, I think, eight years, it's created 70,000 jobs in our own industry, which is a really interesting, it's this virtuous circle because we take our members' superannuation money and then a portion of it Goes back to creating assets that will generate returns for the retirement, but at the same time generates new jobs for them, which then generates contributions.”
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