IFM Investors is now operating in Zurich. The Swiss office of the Australian asset manager, which is owned by pension funds, is being led by Anna Demarmels. She is joined by Werner Kerschl, executive director for infrastructure. The Zurich office is the firm’s ninth globally and third office in Europe after London and Berlin.
The Zurich office is “a demonstration of our local commitment to one of the largest existing investor markets in Europe”, CEO Brett Himbury said in a press release. “We recognize the importance of the Swiss retirement market and its increasing allocation to non-traditional assets by long-term investors”.
IFM Investors has around 78 billion Swiss francs in funds under management worldwide. Public and corporate pension fund investors in Switzerland have already invested close to 500 million francs with the Melbourne-based firm.