Victorian Funds Management Corporation (VFMC)
Investment ManagementVictoria, Australia51-200 Employees
VFMC is a government-established investment management entity based in Melbourne, Victoria, Australia. It was created under the Victorian Funds Management Act 1994 and is governed by an independent board, with the chair appointed by the Treasurer. Four clients account for the majority of its funds under management as part of its Foundation Centralised Investment Model, and VFMC also serves 27 Victorian public authorities as investment manager. The organization competes in the investment management industry, aiming to deliver long-term risk-adjusted returns for its clients while maintaining cost efficiency. A recent leadership development includes the permanent appointment of KC Low as head of portfolio strategy and asset allocation.