POWERED BY MOMENTUM MEDIA
IFM Investors opens Hong Kong office
Australian global fund manager, IFM Investors, is working on expanding its global footprint with a new industry office in Hong Kong to allow the firm to meet the appetite of institutional investors.
The firm was recently granted a licence from the Securities and Futures Commission of Hong Kong.
IFM chief executive, Brett Himbury, said the move would secure the firm a foothold in the competitive Asian marketplace and assist investors to diversify investment opportunities in high-return regions.
"Our investors are increasingly seeking opportunities in Asia and an office in Hong Kong will allow us to continue to globalise our investment capabilities," he said.
"We will work closely with regulators and professional investors in Hong Kong to meet regulatory requirements and investor needs."
More than 40 per cent of IFM's investment professionals were now based outside Australia, with other offices based in New York, London, Berlin, and Tokyo.
IFM Investors active equities team recently launched its Asia-Pacific Market Neutral capability that allows investment in Australia, Hong Kong, Korea, Singapore, and Taiwan.
AUTHOR
Hope William-Smith
Hope is a journalist with Super Review. She has previously worked across a range of business and lifestyle titles. Hope has a degree in International Relations and joined the Super Review team after completing a Masters in Law, Media and Journalism.
Recommended for you
While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their involvement in addressing the substantial capital requirements vary widely.
Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has suggested.
HESTA has slammed Woodside’s climate transition action plan, pointing to “significant” gaps.
All merger proposals will have to be approved by the consumer watchdog under the sweeping merger reforms announced by the government on Wednesday.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment