Investment management is our core business. We combine a strong institutional platform with an investment-led culture to achieve strong risk-adjusted returns for our investors via our ‘multi-boutique’ approach. BT Investment Management Limited (BTIM) is one of the largest ASX-listed pure investment managers (ASX:BTT), with a market capitalisation of around $3.6 billion and funds under management of $94.4 billion as at 30 June 2017. The BT Investment Management Board consists of a majority of independent directors. Staff of BTIM and J O Hambro Capital Management (our wholly owned subsidiary) are significant equity holders along with institutional and retail investors.