Ifm Investors Pty Ltd (Melbourne)

Name: Ifm Investors Pty Ltd
Address: Level 29, 2 Lonsdale Street, Melbourne, 3000
Telephone: 61 3 8672 5300

Ifm Investors Pty Ltd is a large advisory firm based in Melbourne. It manages $95.35 billion of regulatory assets for 88 client accounts. It has been registered with the SEC as an adviser since 2013.

Ifm Investors Pty provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ifm Investors Pty: assets under management

The assets under management (AUM) of Ifm Investors Pty Ltd is $95.35 billion. The firm's AUM has grown by 126% since the beginning of its operation, and $93.44 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $65.6 billion in discretionary accounts and $29.75 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $780.98 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.44 billion.

Investments

The firm invests in exchange traded securities the most. They account for 49% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 31% of the firm’s portfolio. Investments in other assets form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ifm Investors Pty Ltd for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Carol Gray serves?

The firm provides services to insurance companies, pooled investment vehicles, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Carol Gray is pension and profit sharing plans with 53 clients and $46.99 billion of assets under management. Among the 10 most similar advisory firms, Ifm Investors Pty has the 3rd highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $95.35 billion for 88 clients. 95% of the firm’s clients are foreign persons or businesses.

Ifm Investors Pty also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.

Careers at Ifm Investors Pty Ltd

The company employs 277 people that are either part- or full-time employees. 31 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Carol Gray has been acting as President since 1 Jun 2016. Catharine Bowtell joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ifm Holdings Pty Ltd	Member	1 Dec 2003	75% - 100%	foreign entity
Garry Arthur Weaven	Director	1 Dec 2003	Other	6042368
Phillip Dowman	Chief financial officer/chief operations officer	1 Jun 2006	Other	6042372
Philip Ross Dowman	Chief financial officer	1 Jun 2006	Other	6042372
Brian John Pollock	Director	1 Feb 2007	Other	6042369
Joshua Lim	Chief commercial officer	1 Apr 2007	Other	6042374
Brett Himbury	Chief executive officer	1 Apr 2009	Other	5780451
Michael Anthony Migro	Director	1 Nov 2009	Other	4518525
Murray Edward Bleach	Director	1 Feb 2010	Other	4380982
Glenn Bunney	Director	1 Aug 2012	Other	6255323
Linda Rubenstein	Director	1 Jan 2013	Other	6255324
Gabriel Gati	Chief compliance officer and principal - risk and compliance	1 Sep 2013	Other	6255321
Deborah Kiers	Director	1 Jan 2014	Other	6401240
Gregory Ivan Combet	Director	1 Jan 2014	Other	6401242
Robert Lee Babb	Chief compliance officer	1 Feb 2016	Other	6609920
Carol Gray	Director	1 Jun 2016	Other	6711551
John Denton	Director	1 Jan 2018	Other	7017140
Lounarda David	Chief operating officer	1 Apr 2018	Other	7183522
Alison Larsson	Director	1 Jul 2018	Other	7182680
Grant Dempsey	Director	1 Jul 2018	Other	7182681
Catharine Bowtell	Director	1 Jan 2019	Other	7182682

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Industry Super Holdings Pty Ltd	Shareholder	1 Jan 2007	75% - 100%	foreign entity
Australiansuper Pty Ltd Atf Australiansuper	Shareholder	1 Jan 2007	25% - 50%	foreign entity

Based in Melbourne

The principal office where Ifm Investors Pty Ltd performs its advisory services is located at Level 29, 2 Lonsdale Street, Melbourne, 3000, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 61 3 8672 5300 or by fax 61 3 8672 5306. The normal business hours are 9 a.m. - 6 p.m. on Monday - Friday. You can find more information about the New York firm at ifminvestors.com/au/home and its LinkedIn profile.