@ryanl Thanks for responding that it pertains to salary; that...

@ryanl Thanks for responding that it pertains to salary; that was unclear in teh AGM or most receent announcement.

Grateful, but a suggetsion for "next time", Take the salary, then buy the shares on market, that will trigger a price-sensitive announcemnt that we all benefit from and be non-dilutive we all win, and sydneyguy would have to find soemething else to refer to.

Guys, say hello to our new insto: (portion of article only)

Another stunning year for IFM Investors and its board, management
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IFM Investors chairman Garry Weaven says there will be no increases to director fees in the current financial year.
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by Tony Boyd
IFM Investors, one of the world's largest infrastructure fund managers and the jewel in the crown of the industry superannuation funds family, has ended another stellar year with a round of huge pay rises for directors and management.
Pay rises for directors of IFM ranged from 55 per cent for chairman and former ACTU assistant secretary Garry Weaven to 39.5 per cent for former Labor government minister Greg Combet. Salaries, consultants and recruitment costs at IFM rose 25 per cent to $184 million in the year to June.

Outstanding performance

The pay rises at IFM follow another year of outstanding performance by the funds manager, which is owned by 28 industry funds. It is rapidly becoming the preferred fund manager for the industry fund family.
IFM lifted funds under management by 33 per cent to $94 billion in the year to June 2017. Since June it has lifted its funds under management to $98 billion with $41 billion in infrastructure, $31 billion in debt, $24 billion in listed equities and $2 billion in private equity.

IFM's total revenue surged 26.5 per cent to $267 million on the back of a 27 per cent rise in international infrastructure management fees, a 19 per cent rise in domestic infrastructure management fees, an 82 per cent rise in domestic private equity management fees and a 24 per cent rise in debt and cash management fees.
IFM gets paid performance fees for beating certain benchmarks in different asset classes. These performance fees would push up the costs borne by members of the industry funds that own IFM.



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