IFM Investors

Hedge Funds

IFM ups stakes on low-cost alpha

Clients of IFM Investors are to gain access to attractively priced active large-cap equities from mid-2016, after the industry fund-owned fund manager poached a nine-strong active equity team from AMP Capital. Australian long-only active equity, Australian long-short equity and Asian long-short market neutral capabilities will bring IFM closer to a full-service equity offering. Brett Himbury, […]
Hedge Funds

IFM’s largest overseas investment is in bankrupt operator

IFM Investors has acquired the Indiana Toll Road Concession for $7.52 billion (USD5.725 billion), the largest overseas infrastructure deal in IFM’s history. IFM Global Infrastructure Fund has agreed to acquire 100 per cent equity interest in the toll road’s concessionaire and operator, ITR Concession Company (ITRCC), who filed for bankruptcy in September, 2014. The ITRCC […]
Hedge Funds

IFM Investors enters the Mexican infrastructure market

IFM Investors is making its first investment in Mexico through a 24.99 per cent stake in a toll road on the outskirts of Mexico City. The investment is predicated in part on the forecast that Mexico will become the world’s tenth largest economy by 2030 – it is currently in fifteenth place. Julio Garcia, head […]
Hedge Funds

Top alternatives managers ranked by AUM

Twenty Australian fund managers feature in Towers Watson’s listing of the top 100 alternative investment managers. In a list dominated by real estate and hedge fund managers, Towers Watson places Macquarie Group as the largest alternatives and the largest infrastructure manager in the world with US$96 billion under management (all figures are US dollar), followed […]
Hedge Funds

UK version of IFM Investors thinks big

The nascent UK version of IFM Investors forsees a time when both will share ideas and co-invest, says Joanne Segars, chief executive of the National Association of Pension Funds, who is visiting Australia this week. After three years of planning, the Pension Infrastructure Partnership (PIP) invested its first funds in schools and hospital buildings earlier […]
Investment Strategy

Budget to unleash infrastructure sell-off

The Federal budget in May is to prioritise measures that will help states sell off brownfield infrastructure assets, the assistant treasurer Arthur Sinodinos has promised. Speaking at a Value Alliance gathering in Sydney, Sinodinos said state governments would be offered incentives to use money gained from asset sales for building new assets – spending that […]