BTIM strengthens bond with global property manager
BT Investment Management (BTIM) has broadened its distribution agreement with global real estate investment trust manager AEW Capital Management (AEW) to include institutional as well as retail products in the Australian and New Zealand markets.
Previously, BTIM distributed Boston-based AEW’s product suite in the retail market only, although its AEW-managed pooled global property vehicle is available to institutional clients. Under the new agreement, BTIM will be AEW’s sole Australasian distributor in both the retail and institutional sectors.
BTIM head of multi-strategies Robert Swift said the company was committed to building a strong relationship with the global property manager and said its business model “is all about sourcing the best global skill set where we can’t build it ourselves”.
“This relationship will remove any confusion in the market,” he added.
“We look forward to building on the partnership and expect that AEW will have a number of new strategies to offer clients in the current investment environment.”
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