To reflect its investor-focused approach, Industry Funds Management will now be known as IFM Investors.
According to IFM Investors chief executive Brett Himbury, the name change is symbolic of its shareholders' foresight in establishing an investor-owned model that has grown into a global funds management company.
He said Industry Funds Management would continue to play an important part of the business' strategy.
"Our investment strategy stays the same. We continue to prioritise outcomes for investors by growing our investment capability, investing in key internal functions and improving service delivery capabilities," he said.
IFM Investors is owned by 30 major superannuation funds and invests on behalf of five million Australian superannuation fund members.
With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023.
There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney last night.
Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards.
The asset manager is bolstering its investments in the global energy transition and climate opportunities.
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