Russell launches new product
Russell Investments has launched a new product into the market — the Russell Global Listed Infrastructure Fund.
The new product is Australian dollar hedged and is aimed at both retail and institutional investors.
Commenting during the launch of the product, director of real estate securities, Bruce Eidelson, said Russell expected to see a dramatic increase in the number of retail and institutional investors seeking access to alternative assets such as global infrastructure in the coming years.
He said it was this factor that had prompted the launch of the new fund.
“The current market environment presents compelling investment opportunities in alternative listed assets,” said Russell portfolio manager Andrew Sneddon.
“In particular, global listed infrastructure is currently a very attractive opportunity for investors seeking stable income from tangible real estate assets.”
He said Russell had appointed US global listed infrastructure experts FAF Advisors as the investment manager in the fund, which represented the first time FAF Advisors had been available to local investors.
AUTHOR
Mike Taylor
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