UBS AM and Clarion launch infrastructure fund
UBS Asset Management and CBRE Clarion Securities have launched a new product into the market — the UBS Clarion Global Infrastructure Securities Fund.
Announcing the launch this week, UBS said the product was designed to provide access to investments with a combination of stability, income, and growth that could benefit investors by providing easy access to the infrastructure market and enhanced diversification.
Visiting Australia for the launch of the fund, Clarion's chief investment officer, infrastructure, Jeremy Anagnos, said Australia was ahead of the curve in appreciating and understanding the benefits of investing in core infrastructure companies that own long-duration assets via listed markets.
UBS Asset Management head, Bryce Doherty, said investors were searching for investment opportunities that provided more certainty while still providing growth opportunities.
"Global listed infrastructure stocks are especially attractive to income investors in Australia as they have demonstrated consistent long-term growth with solid yields," he said.
Recommended for you
The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.
Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long recruitment processes.
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff.
