IFM announces creation of small caps team

6 December 2011
| By Tim Stewart |
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Industry Funds Management (IFM) has appointed three new specialists to form the company's new small caps team.

Neil Carter has been recruited as the executive director of the new IFM small caps team, and will be joined by Jim Copland and Matt Griffin.

The three investment managers come from Macquarie Bank and will be Sydney-based.

IFM chief executive Brett Himbury said Carter, Copland and Griffin had been attracted by the IFM's "unique ownership structure and culture, backed by a strong financial position".

"All three have proven themselves as excellent investors and have extensive and diverse backgrounds which make them a good fit for IFM," Himbury said.

"We want to send a very clear message to our investors and indeed our competitors, that we are determined to continue to set world-class standards that genuinely put investors first," he added.

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