Well, I think infrastructure is obviously talking my own book here, but it is, in many ways,

it just feels like almost the perfect institutional asset class.

Or even in private wealth, really, anybody who has a long-term desire to generate high-risk

adjusted returns.

And the reason for that is that it has wonderful long-term characteristics.

Welcome to the Money Maze Podcast. I'm Simon Brewer, and Will Campion and I have created this show

to explore and unravel some of the mysteries surrounding the investment business. You can keep up to

date by visiting MoneyMayspodcast.com and please sign up to our newsletter to ensure you

won't miss a release. If you enjoy this show, please subscribe and we'd love you to tell a friend or

colleague about it. Thank you for listening. Here's a question for our audience. Can you name an

asset management organisation managing $160 billion set up only 25 years ago,

established to invest on behalf of more than 600 like-minded institutions worldwide,

with the purpose to protect and grow the long-term retirement savings of working people?

I can imagine there might be some head scratching, and you might be surprised and feel as if

you've been let into a well-kept secret when I say the answer is IFM investors, born and created

in Australia.

And today we welcome the chief executive of IFM, David Neal, who is here in London and visiting our offices.

David, a warm summer welcome to the Money Me's podcast. Thank you very much. Great to be here.

Now, you're here in the UK for a few months, but before we learn why, you live in Australia,

you've worked there for a long time, yet you earned your master's degree from Oxford University in

electronic and structural engineering. Tell us about where you grew up. I grew up in the middle

of England, beautiful Warwickshire. I had probably a fairly standard, very enjoyable childhood.

...