Industry funds-owned IFM Investors has attributed its ownership model to what it described as a “record set” of full year results for the year ended 30 June with $12.9 billion in net flows and $107 billion in funds under management (FUM).
The company also pointed to a 25 per cent increase in in pre-tax profit.
Commenting on the results today, IFM Investors chief executive, Brett Himbury claimed the group’s ownership model had liberated its global team to focus on investors.
Outlining the result, Himbury pointed to 89 per cent of products and mandates across all four asset classes of infrastructure, debt, listed equities and private equity meeting or outperforming client objectives on a rolling five-year basis, after fees and taxes.
“We now have a strong, resilient global business that is exceptionally resourced to invest further in capabilities and add even more to our investors’ returns,” he said. “We are proud of these results, yet completely focussed on how we might leverage our privileged position to improve net returns to the tens of millions of working people we serve globally.”
“We foresee an environment where investment skill, value for money and alignment will be in greater demand with IFM Investors’ ownership model, culture and team well equipped to support institutional investors and get their fees down and net returns up,” Himbury said.
