Investment approaches

Investment Strategy

Small caps pay off for IFM

Investment in small caps has paid off for Industry Funds Management (IFM), reporting outperformance of about 14 per cent in its first year. Chief executive of IFM, Brett Himbury, said its team of four, poached from Macquarie more than 12 months ago, has addressed a gap in small-caps management. “We actually spoke to our clients, […]
Opinion

Industry at a crossroads

Over the past 20 years, the median fund returned 6.6 per cent per annum, which is in line with the consumer-price-index plus 3.5-per-cent target that many balanced options state in their objectives. Most funds are in the process of distributing annual member statements with a message of positive, albeit modest, performance. While results are currently […]