Alpha Fund Managers has included Investors Mutual Limited (IML) on its model portfolio as part of an Australian equities small caps allocation.
The IML Small Cap Fund has been included on multi-manager Alpha Fund Managers' model portfolio.
In announcing the decision, Alpha portfolio manager Julien Brodie pointed to the "quality and insight of the investment team" and its defensive characteristics.
IML small and mid cap senior portfolio manager Simon Conn said, "IML will aim to deliver [Alpha's] clients with consistent capital growth over the long-term with lower volatility."
IML investment director Anton Tagliaferro said, "We thank Alpha for their support and faith in IML's process following their comprehensive due diligence process and we are pleased they have chosen IML, as they understand and are aligned to our investment philosophy and process."
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