IFM

With equities and bonds both fully priced, investors are increasingly looking at alternative strategies. A new one, although difficult to access, is ‘greenfields infrastructure’. According to David Neal, the chief executive of IFM Investors and a former CIO and chief executive of the Future Fund, the conundrum for investors was well expressed by Stein’s Law…

The collapse of an investee company has seen IFM hauled before the standing committee on economics. The bigger issue is how a fund manager keeps commercial matters confidential in Parliament. The hot topic at Thursday’s (29 July) hearing of the standing committee on economics was Tandem, a workplace contractor and IFM investee that has now…

Australia’s asset servicing market has broadened to such an extent that to call it ‘custody’ no longer does it justice. Its evolution over the past three decades, culminating in a deft handling of the pandemic’s impact, has left modern-day custodians in their strongest position ever. This, perhaps dramatic, view does not come from the custodians…

The $52 billion health sector focused industry fund HESTA announced the appointment of Alan Sheen as head of portfolio management this week. Sheen comes direct from the private sector, leaving the absolute-return firm he founded, Dalton Street Capital, to add further depth and support HESTA’s ambitious growth plans. Sheen will report directly to CIO Sonya…