Tristan George

Investment Strategy

Increasing size enables IFM fee cut

Industry Funds Management (IFM), which oversees $34.7 billion in assets, will permanently lower investment fees for all of its products from September. IFM, Australia’s ninth-largest fund manager by assets, will lower the management expense ratios (MERs) that all of its investors pay as increasing funds under management and positive returns buoy profits and help drive […]