SQM upgrades Quay Global’s rating
The research house, SQM Research, has upgraded its rating for Bennelong boutique, Quay Global Investors, to its highest category and granted an ‘outstanding’ rating.
According to the rating house, the Quay Global Real Estate fund was recognised for its ability to “most often outperform its peers and benchmark” as well as its highly experienced and skilled management team.
Additionally, SQM indicated that the fund would be highly suitable for inclusion on its approved product lists (APLs).
The fund, which returned 15.1 per cent since its launch in 2014, said it aimed to focus on achieving absolute returns in listed real estate securities, combined with strong and disciplined risk management to reduce downside risk.
“Quay invests through the economic cycle, while also taking advantage of select counter-cyclical opportunities and maximising tailwind from macroeconomic themes,” Jonas Daly, head of retail investment sale at Bennelong Funds Management, said.
AUTHOR
Oksana Patron
Recommended for you
The alternative investment manager has signalled its intentions to repackage an existing fund into a second private equity vehicle, targeting both listed and unlisted opportunities.
The acquisition of Mason Stevens by Adamantem Capital has reached completion, as the wealth platform looks to increase investment into its services for Australian wealth practices.
Platinum Asset Management and VanEck have both announced name changes to multiple of their ETFs to clarify their complexity.
Active ETFs are gaining traction in Asia-Pacific as wealth managers seek to blend the low-cost fees of passive with active management.
