IFM Investors wins Tasplan mandate

IFM Investors wins Tasplan mandate

IFM Investors has won a $670 million investment mandate from superannuation fund Tasplan.


The active equities mandate will be managed by IFM Investors’ Australian Core Equities strategy, which now has more than $1 billion in funds under management (including the new mandate).

“We have seen strong interest from Australian superannuation funds in our differentiated investment approach with its blend of systematic and fundamental approaches,” said IFM Investors head of large cap active equities Lachlan Davis.

Mr Davis said Tasplan’s interest in the strategy highlighted “the value of IFM Investors’ Australian Core Equities proposition.”                   

The mandate was issued by Tasplan following a review of its exposure to Australian equities conducted in preparation for the fund’s merger with the Retirement Benefits Fund, Tasplan head of listed investments and strategy Mark Williams said.

“We aimed to construct a portfolio of our best ideas and to take advantage of the scale benefits that we were achieving with the combined funds. We have high conviction in the IFM team and their strategy,” he said.

More to come:

ASIC freezes assets of Courtenay House

Morphic’s ethical LIC begins trading

Citi upbeat on Australian economy

ANZ result masks ‘messy’ earnings: UBS

Whistleblowers being left in the cold: report 

 

IFM Investors wins Tasplan mandate
investordaily image
ID logo
promoted stories

Appointments

investordaily image

Fortnum hires former Centric Wealth CEO

Staff Reporter

Deborah Ralston

SMSF Association names new chair

Katarina Taurian

Curtis Cifuentes

Avenir Capital hires investment director

Staff Reporter

Analysis

Maurizio Canton

Striking a balance between security and innovation

Maurizio Canton

Greg Kuhnert

Backing China in the Year of the Dog

Greg Kuhert

investordaily image

The benefits of good data governance

Steve Singer