Senior Portfolio Manager resigns from IML

Investor Mutual Limited (IML) has confirmed to Industry Moves the departure of senior portfolio manager, Jason Teh, effective 16 October 2016.

Commenting on Teh's next step, a spokesperson for the firm said: "While nothing has yet been confirmed, it appears that Jason is looking to start his own funds management company in July 2017."

Commenting on Teh's departure, IML COO, Zac Azzi, said: "We wish Jason the best of luck with his new future endeavours. IML remains focused on all our funds delivering on their objectives - something IML has achieved consistently since our inception in 1998."

Anton Tagliaferro, IML's investment director, has taken over the management of the IML Equity Income Fund.