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.
Ethical super fund Australian Ethical has announced the appointment of Anthony Lane as chief operating officer.
The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to focus their distribution.
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement.
A surge in electricity prices has driven the monthly Consumer Price Index to its highest level in a year, exceeding forecasts.