IML’s Tagliaferro to retire in 2023

Investors Mutual (IML) founder, Anton Tagliaferro has announced he will retire in March, next year.

Tagliaferro announced the timing of his retirement today stating that he believed now was the right time to hand over to the next generation at IML.

The IML announcement of Tagliaferro’s intentions said it accorded with a well-planned and executed succession plan by IML, “one that positions it for the future while ensuring continuity of the firm’s approach to investing”.

“In 2017, Natixis Investment Managers (Natixis IM), a top 20 global investment manager acquired a majority stake in IML. In 2021, Damon Hambly was appointed IML’s Chief Executive Officer having previously held the position of Natixis IM CEO of Australia. Hambly has served as an IML “director since 2017 and as an executive director working alongside Anton since 2020.

Commenting on the announcement, Hambly said, “I would like to thank Anton for his significant contribution to IML. Under Anton’s leadership, IML investors have benefited from the consistent and true-to-label ‘quality and value’ investment style that Anton has embedded into the business. While in some ways it is the end of an era, we are pleased that Anton is handing over to an experienced team of investors who have all been working with him at IML for well over a decade.”