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cover of episode 113: Why Infrastructure May Be The ‘Perfect Institutional Asset Class’ - With David Neal, CEO of IFM Investors

113: Why Infrastructure May Be The ‘Perfect Institutional Asset Class’ - With David Neal, CEO of IFM Investors

2023/9/28
logo of podcast Money Maze Podcast

Money Maze Podcast

Shownotes Transcript

In this conversation with David Neal, CEO of IFM Investors, we explore the origins of this highly unusual institution, an ‘investor-owned global investment manager’. Set up around 30 years ago to invest on behalf of more than 600 like minded institutions worldwide, it now manages approximately $143 billion (USD, as of 30/06/23). 

David discusses what he believes makes for an effective CIO, lessons he drew from being CEO at the Australian Future Fund and why IFM was born.

He explains their mission before detailing their highly successful approach to infrastructure investing. He also covers their private debt strategy, and why the balance in private equity between owners and investors may be less than optimal.

He also shares his thoughts on portfolio diversification, and lessons learned from his early days at WTW.

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