IFM Investors has appointed a former Bank of America Merrill Lynch economist to fill the newly created role of chief economist.
Alex Joiner, who was formerly the Chief Economist for Bank of America Merrill Lynch, Australia (BofAML, Australia) , will take the position of IFM chief economist in July 2016 and will report to Joshua Lim, chief commercial officer.
Mr Joiner is a PhD qualified macro-economist and brings with him over a decade of experience across Australian, New Zealand and Asian economies, with a focus on financial markets, risk, investment and quantitative research.
IFM chief executive Brett Himbury said the role will allow Mr Joiner to provide leadership in formulating views on macro and micro economic inputs, for both existing and new investments.
“Alex is an impressive macro economist, and his breadth of experience means he will be a key member of the IFM Investments Committee,” he said.
Prior to that to BofAML, Australia Mr Joined held economic roles at ANZ Bank and also acted in a consultative role on numerous macro-economic models and spent two years focused on Asian economies before working as senior macro economist focused on the property sector.