RARE expands into Taiwan
RARE Infrastructure has announced an expansion into Taiwan with the appointment by a Taiwanese investment trust company, First Securities Investment Trust.
Under the terms of the deal, RARE Infrastructure would provide portfolio advisory services through its income strategy for the global utilities and infrastructure offering.
RARE Infrastructure’s chief operating officer, Carl McGann, said: “This arrangement with First SITE eventuated from an existing relationship they had with Legg Mason, our global distribution partner, who highlighted RARE’s global listed infrastructure capabilities”.
According to him, the RARE Infrastructure’s income strategy would be an attractive option for Taiwanese investors as it was “designed to help meet the income needs of an aging population”.
The company said this strategy invested in assets with an explicit link to inflation through regulation, concession agreements or contracts as well as it offered exposure to growth-oriented infrastructure assets.
“As a pioneer in global listed infrastructure we are excited to provide Taiwanese investors with access to the RARE Infrastructure Income Strategy which has provided our clients with strong income and total returns since inception,” McGann said.
RARE Infrastructure manages the following funds:
Recommended for you
Financial advice platform Otivo has made an experienced appointment from the US as its head of product strategy.
Apostle Funds Management has appointed the newly created position of director, head of wholesale as the firm expands its Australian footprint in the wholesale sector.
Recruitment manager Robert Half has shared the most in-demand roles in financial services that firms are finding difficult to fill, driven by ASIC’s growing focus on risk and compliance.
ASIC chief executive, Warren Day, is among senior executives to depart the corporate regulator amid changes to its leadership team.