Zurich property fund maintains ‘highly recommended’ rating
Zurich Investments’ Australian Property Securities Fund has managed to maintain its ‘highly recommended’ rating from research houses Lonsec and Zenith in their 2017 reviews.
Additionally, the fund was named in Morningstar’s Fund Manager of the Year: Property and Infrastructure category in March.
Also, Lonsec confirmed its recognition by adding the fund to their model portfolio, effective July 2017.
Additionally, the fund was named in Morningstar’s recent Fund Manager of the Year: Property and Infrastructure category.
Zurich said Lonsec had also confirmed its recognition by adding the fund to their model portfolio, effective July 2017.
The fund, which is managed by Zurich’s strategic investment partner Renaissance Property Securities, offered investors access to listed property trusts in Australia.
Lonsec praised the manager’s active approach and its “high degree of conviction in portfolios via significant holdings in smaller AREITs” as well as off-benchmark names that helped the fund to outperform the objective.
Morningstar recognised the fund’s “highly-experienced team and time-tested value approach to investing in Australian listed property stocks”.
According to Zenith, the key strength of the fund was a “strong conviction in the collective abilities” of Carlos Cocaro, a fund’s managing director, and Damien Barrack, Renaissance’s director.
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.
