Melbourne, 17 June 2009 – National and international professionals at the forefront of asset management gathered together to attend another successful ICOMS conference, this year held in Sydney from Monday 1 June to Friday 5 June.

Hosted by the Asset Management Council, the 13th annual conference was attended by over 200 professionals.

Optimal asset management practices contribute to a company’s physical asset reliability and risk management, and provide a sustainable revenue generation and profitability of the business, according to the Asset Management Council National Chairman, Mr John Hardwick.

“The ICOMS conference is at the pinnacle of current asset management information, which is why we attract leaders from around the world each year,” said Mr Hardwick.

Asset management professionals from Brazil, Canada, Germany, Saudi Arabia, South Africa, Sweden, United Kingdom and United Sates of America attended the ICOMS conference.

One topic covered during the ICOMS conference was the role asset management faces in the change of the global financial market.

“As the world enters into an unsteady economic climate, asset management makes sense because it’s about ensuring the assets that a company already has and continue to deliver the company needs without excessive investment,” Mr Hardwick said.

Other topics covered during the conference included the role asset management faces with the challenges of global warming, depletion of natural resources, increase in world population and increase in technical dependency of society.

CONTACT:
The Asset Management Council
Phone: (03) 9819 2515
Fax: (03) 9819 2615
Email: info@amcouncil.com.au
URL: www.amcouncil.com.au