Former AMP Capital Head of Multi-Strategy Funds joins IFM Investors

IFM Investors has bolstered its active large cap equity capabilities by hiring nine equity investment professionals to join its listed equities division, including former AMP Capital head of multi-strategy funds Lachlan Davis.

Davis will head the active large cap equity team and will report to Neil Carter, executive director, active equities. They will be located in Sydney alongside IFM Investors' small caps equity team.

In a statement IFM Investors said it will offer Australian Long-Only Active Equity, Australian Long-Short Equity and Asia Long- Short Market Neutral capabilities to complement IFM Investor's existing strategies in Enhanced Passive Australian and Global Equities and Australian Small Cap Active Equities.

CEO, Brett Himbury said: "This is a transformational opportunity for IFM Investors. In announcing this active equity expansion we are further able to meet investor demand for good-value core equity exposure, including being able to now offer Asian Active Equities to clients."

He added: "Our new team members are highly investor-focused and will make a strong contribution to the organisation over time."