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IFM Investors lands in Zurich, appoints senior exec
Industry funds-owned IFM Investors has launched its Swiss operations in Zurich and appointed asset management veteran, Anna Dermamels, to head the move and lead business development efforts.
With close to 500 million Swiss franks invested by public and corporate pension fund investors with IFM Investors, the decision to establish a Swiss office was a demonstration of the firm’s local commitment to one of the largest existing investor markets in Europe.
Chief executive, Brett Himbury, said the firm recognised the importance of the Swiss retirement market and its increasing allocation to non-traditional assets by long-term investors.
New head of operations, Dermamels, has spent the last six years leading IFM Investors’ activities in Switzerland, and would join executive director of infrastructure, Werner Kerschl to build the local team.
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The Association of Superannuation Funds of Australia (ASFA) has announced changes to its structure, marking an “exciting phase of growth” for the organisation.
The $74 billion fund has welcomed an experienced CIO to lead its investment strategy.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The fund has announced new additions to its trustee board.
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