Never ends well': The big shift $110b super giant CBUS is watching

CBUS’s CIO, Leigh Gavin, is monitoring how AI-driven trading has responded alongside inflation expectations, but he is also focused on another market shift that echoes past disruptions. Gavin said he is not yet certain where the fund’s returns for the 2026 financial year will settle, citing ongoing volatility. While he expects the growth option’s final result to likely fall between 8% and 9%, he noted that with only a few trading days left before June 30, outcomes ranging from 7% to 10% remain possible. The remarks highlight that recent market swings have been large enough to broaden the expected range. The article frames the uncertainty as a feature of the current environment rather than a final performance call, with the key timeframe centered on the June 30 close of the financial year.