Aspen adds direct property funds
Listed property group Aspen has added three direct property funds to its portfolio, the Aspen Select Property Fund and the Aspen Village Property Fund, and the Aspen Communities Property Fund
In addition, the WA-based group has announced that the Aspen Select Property Fund and the Aspen Parks Wholesale Fund have been approved for use on the BT Super Wrap platform.
National distribution manager Reon Botha said it was “encouraging to have the Aspen Select Property Fund, in particular, accepted on BT (Super and IDPS) platform so quickly”.
“It’s an important part of our distribution strategy that can only enhance the already positive response from planners to the fund since its launch.
“We have also received increasing support for the fund from advisers, with numerous requests to have it approved for use on other administration platforms.”
The Select fund can also be found on the Netwealth platform in both the super and non-super menus.
Recommended for you
The CEO of L1 Group, formerly known as Platinum Asset Management, has stepped down with immediate effect, and the asset manager has announced his replacement.
Private equity manager Scarcity Partners has backed a specialist investment manager focused on metals and mining, seeking to meet investor demand for real assets.
UK fund manager Aberdeen Investments has launched an emerging market equity strategy for Australian investors, broadening the reach of an existing strategy.
Passive ETFs are seeing stronger flows than their active counterparts despite the proliferation of active launches this year, according to Morningstar.
