Five stars and a recommended title



The Cromwell Phoenix Core Listed Property Fund has received Financial Express' highest rating of five stars, while it also received a ‘recommended' rating from research house, Zenith Investment Partners.
Cromwell's listed property fund produced a return of 23.74 per cent over the past year, and outperformed the index by 5.07 based on our analysis of Financial Express' data.
Cromwell Property Group said the fund focused on large, well-established Australian property security and related sectors, which included infrastructure.
The investment was led by Phoneix Portfolio's managing director, Stuart Cartledge.
Cartledge said he was pleased that the fund was praised by several research houses, especially as it was in its first year and in a tough environment.
The fund had also been given a ‘recommended' rating by Lonsec and was available through the Macquarie Wrap, Netwealth, OneVue, BT and HUB24.
Recommended for you
Retailisation of private markets such as evergreen funds may seem like appealing options for wholesale and retail investors, but providers risk undermining trust if their products are unclear.
Ethical investment manager Australian Ethical has seen its funds under management rise by a third over FY25 to close out the year at $13.9 billion.
BlackRock Australia’s head of intermediary distribution James Waterworth has taken up a new distribution role at an alternative asset manager, while Antipodes has hired a distribution director.
BlackRock’s iShares ETFs have reported a record first half for inflows, gaining US$192 billion in the past six months, to see overall ETF assets under management rise to US$4.7 trillion as it launches its first active ETF in Australia.