9 January 2024
ICPM Welcomes Victorian Funds Management Corporation
ICPM is thrilled to welcome Victorian Funds Management Corporation to the network. VFMC is the public authority responsible for managing approx. US$50 billion for Victorian superannuation funds and other government entities.
“VFMC is a great addition to the ICPM network,” says Sebastien Betermier, ICPM’s Executive Director. “It is a highly sophisticated fund that is globally known for its ability to adapt to rapidly changing market conditions. We look forward to welcoming them to our discussions.”
Russell Clarke, Chief Investment Officer at the Victorian Funds Management Corporation, adds, “We are excited to be joining ICPM and share thinking on a wide range of relevant topics with other participants. Institutional investors face many challenges in a complex environment at present, both in terms of ongoing investment decisions and the way funds are organised and governed for future success. We believe the high quality of the extensive ICPM network will make a meaningful difference in enriching our thinking on how best to respond to these challenges.”
ICPM is now a network of 48 pension funds with 5 in Australia.