IFM extends global reach

10 May 2007
| By Mike |

The industry superannuation funds-backed Industry Funds Management (IFM) has established an office in London as part of its strategy to gain a more global reach.

Establishment of the London office was announced by IFM general manager Damian Moloney, who said London had been chosen because of its proximity to Europe — the geographical focus of IFM’s medium-term investments focus.

He pointed out that IFM, via IFM Infrastructure Funds, was presently a part owner of two UK-based assets, Arqiva and Wales and the West Distribution Network, along with one Polish asset, ZEC Lodgz.

Moloney said the London office would be temporarily headed by IFM investment manager, infrastructure, Christian Seymour, who would be assisted by a former IFM analyst now living in the UK, Janice Morris, who had been appointed senior investment analyst.

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