WebDec 15, 2024 · Media Super is the industry super fund for the printing, entertainment, arts and media industries. Cbus is the industry super fund for the building, construction and allied industries. A merger will create a fund managing approximately $60 billion on behalf of 840,000 members nationally. WebCbus Super prides itself on being a major investor in the Australian economy, including having over A$1 billion invested in energy-related infrastructure through a combination of directly owned and pooled funds (as at 30 June 2024). Cbus Super recently completed a successful merger with Media Super.
Media Super to merge with Cbus Super Review - Money …
WebCbus Super and Media Super have signed a successor fund transfer (SFT) deed, marking the next stage of their merger. The two funds have announced “a milestone” in their merger proceedings, after inking at SFT deed. WebJun 24, 2024 · The superannuation fund aligned with Australia's most militant union is poised to merge with the fund traditionally joined by journalists, The Australian Financial … newhart 3
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WebJul 16, 2024 · The $59 billion Cbus Super is positioning itself for more mergers by expanding its investment options to be in line with about 95 per cent of the available options in the market. The merger with Media Super, which will be completed later this year, was the catalyst for the expanded investment options which will include sector-only options ... WebJul 10, 2024 · Construction industry fund Cbus Super and Media Super have signed a Memorandum of Understanding (MoU) with plans to start due diligence on a conditional joint arrangement to be in operation in 2024. Media Super is just over a tenth of the size of Cbus, a $54 billion fund with more than 766,000 members. WebNov 20, 2009 · Cbus and Media Super complete merger - InvestorDaily The merger has created a $75 billion super fund with nearly 850,000 members. The merger between Cbus Super and Media Super has now been finalised following the completion of a successor fund transfer. Apr 11, 2024. www.investordaily.com.au . newhart 36