Agriculture portfolio manager appointed

30 October 2019
| By Jassmyn |
image
image
expand image

Warakirri Asset Management has appointed Steve Jarrott as portfolio manager for its agriculture fund.

Launched in May 2019, the Diversified Agriculture Fund owns investment grade Australian agricultural assets for the primary purpose of partnering or leasing to high quality agricultural businesses, the fund said.

The frim said it was targeting investment opportunities across a range of sectors including wine and table grapes, citrus, nuts, berries, summer and tropical fruits, and agricultural infrastructure. It also forecast total net returns within the 10 to 12% range.

Jarrott would be responsible for leading the fund, including supporting further capital raising efforts, strategy refinement and implementation, asset acquisitions and portfolio management.

The firm’s head of cropping and diversified agriculture, Adrian Goonan said: “Steve is an experience portfolio manager, highly skilled in investment strategy and asset allocation, deal origination and negotiations, valuation and analysis and portfolio management”.

Jarrott was most recently a portfolio manager at Westchester – the agriculture investment arm of the US based TIAA-Nuveen Group.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 2 weeks ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 6 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 day 2 hours ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 4 days ago