POWERED BY MOMENTUM MEDIA
Industry funds model benefits IFM Investors
Industry funds-backed asset manager, IFM Investors has acknowledged the importance of industry funds flows in reporting a significant increase in client numbers and funds under management (FUM).
The company said that its valuation had increased 23 per cent a year over the past five years to be independently valued at $1.045 billion.
The IFM Investors formal announcement said that its strong full-year results were underpinned by 86 per cent of products and mandates across all four asset classes (infrastructure, debt, listed equities and private equity) outperforming client objectives, highlighting the success of its “investor-first model”.
“Globally, for the period to 30 June 2019, investors have entrusted IFM Investors with an additional $22 billion in funds on behalf of their member beneficiaries, contributing to funds under management increasing by 31 per cent to $140 billion,” it said.
IFM Investors’ chief executive, Brett Himbury said the company’s results highlighted its continued record of strong, long-term net returns to investors and the effectiveness of our uniquely-aligned investor-owned model, which prioritised the interests of working Australians and pension fund members globally.
“IFM Investors’ trusted and efficient operating model has again proven that when an investment manager focuses first on investors the rest follows,” he said.
“While other fund managers are looking to preserve margins in increasingly competitive markets, IFM Investors continues to think innovatively and build on our position as a leading provider of net returns for the benefit of the millions of people on whose behalf we ultimately invest,” Himbury said.
Recommended for you
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion.
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses $300 billion in funds under management.
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
