Industry funds-owned IFM Investors has promised to extend scale benefits and net returns to its investors as the firm reaches a $100 billion milestone.
IFM Investors Chief Executive, Brett Himbury, says the milestone is a recognition of investors responding to the firm’s ethos.
“Our business model, built around offering like-minded institutions the benefit of scale in the infrastructure, debt, private equity and listed equity space has gone from strength to strength as a result of our growth – all only possible due to the trust placed in us by our clients,” he said.
“Importantly, this FUM of A$100 billion is entrusted to us by 284 institutional investors from 16 countries on behalf of millions of member beneficiaries.”
“As we enter our next stage of growth – as one of the world’s only investor-aligned fund managers – we look forward to the new opportunities which we can present our clients by way of improved net returns through skill, value for money and alignment,” he said.
Himbury credits IFM Investors’ increase in funds under management to the Firm’s dedicated professionals.
“In the current volatile investment environment, with political risks driving uncertainty, investors wish to partner with a trusted, global funds manager. IFM Investors is that funds manager. We have one purpose - shared prosperity,” he said.
IFM Investors offers its services to pension funds, sovereign wealth investors and foundations in Europe, North America, Asia and the Middle East as well as catering to domestic institutions.
Taking a purely passive investment approach is leaving many investors at risk of heightened valuation risks, Allan Gray and Orbis Investments have cautioned.
Annual trimmed mean inflation saw a slight spike in April, according to data from the ABS.
Active managers say that today’s market volatility and dislocation are creating a fertile ground for selective stock picking, reinforcing their case against so-called “closet indexers”.
Platform leaders admit they’re operating under constant pressure and a persistent “state of paranoia” to keep pace with technology that is reshaping how clients access and interact with their wealth.