Industry Funds Management (IFM) has seen strong investment performance with most of its funds exceeding benchmarks at the close of last year.
IFM announced that 2012 saw 80 per cent of IFM meeting or exceeding benchmarks in a range of asset classes including debt, indexed equities, cash and infrastructure.
"2012 has been a strong year for IFM across all asset classes, allowing us to deliver solid results to both existing and new investors, and positioning us for 2013 as an investment house that delivers across all asset classes," IFM chief executive Brett Himbury said.
"IFM's ethos of investing in steady, secure assets over a medium- to long-term horizon has been recognised by the fact that we have seen a substantial increase in funds under management (FUM)."
IFM's Australian and global infrastructure funds exceeded their 10 per cent benchmark over the 12 months to December, and IFM's debt products returned between 9 and 11 per cent over the same period.
2012 saw a 24 per cent increase in FUM from 31 billion at December 2011 to 39 billion at the close of last year.
IFM have said its growth in 2012 came from its expansion into North America, which saw it gain 27 new clients in the region and raise approximately $2 billion.
"We already have a strong start to 2013, having just gained exposure to the European airports market through our strategic stake in Manchester Airport Group, and the corresponding acquisition of Stansted Airport," Mr Himbury said.
