Australian business should cut less, grow more, fund manager says

IFM Investors calls for focus on long-term revenue growth, and supports BHP's pledge to curb carbon emissions

The head of IFM Investors says the $140bn investment powerhouse will be pushing Australian company bosses to work on growing their businesses instead of focusing on cutting costs.

The chief executive, Brett Himbury, said IFM, which invests on behalf of Australian industry super funds and like-minded international pension outfits, also supports mining giant BHP's new pledge to do more to curb carbon emissions.