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.
Recommended for you
Two JPMAM commentators have warned advisers about the dangers of moving assets into cash during market volatility, describing it as “swopping one risk for another”.
The global alternative asset manager has confirmed the acquisition of IP Generation.
Zenith Investment Partners will see its co-founder and managing director both depart this year due to their ambitions no longer aligning with those of its parent company.
Strategic partnerships are the number one priority for JPMAM, according to its EMEA CEO, having already enacted two deals with large New Zealand and UK wealth management groups.