IFM appoints chief economist

The Melbourne-based firm has hired Bank of America Merrill Lynch's Australia economic expert to fill the newly created role.

IFM Investors has appointed Alex Joiner in the newly created role of chief economist with a view to boosting its macro and micro economic analytical capabilities. 
Joiner, a PhD-holding macro-economist with a focus on financial markets, risk, investment and quantitative research across Asian economies, will start his new job in July. He will report to Joshua Lim, IFM’s chief commercial officer. 
In his most recent role as chief economist for Bank of America Merrill Lynch's Australian branch, he worked closely with the Australian and global equities, fixed income and foreign exchange teams. 

Prior to that, he held economic roles at ANZ Bank where he provided analysis and ideas for the management of clients’ financial market risk.

He also acted in a consultative role on numerous macro-economic models and spent two years focused on Asian economies before working as senior macro economist focused on the property sector.
“Alex is an impressive macro economist, and his breadth of experience means he will be a key member of the IFM Investments Committee,” said Brett Himbury, IFM Investors’ chief executive. “He will be instrumental in working with our investment teams globally and assisting with investment decisions across all asset classes.”