Five-star rating for BT property funds: S&P
BT Investment Management has received the first five-star rating in the Australian Listed Property Securities fund sector in over five years, according to Standard & Poor's (S&P) 2011/2012 Australian Listed Property Securities fund sector review.
S&P reviewed 15 headline funds including two benchmark-aware and benchmark-unaware funds and one index strategy.
Peer group ratings experienced just two rating changes; the upgrade of two BT Investment Management funds to five stars - the only five star rated funds in the sector.
Peter Ward, analyst, S&P Fund Services said, "This reflects our very high conviction in the capabilities of the team and the effectiveness of its A-REIT investment approach, which has proven consistently successful through a variety of markets, and importantly, we expect this to continue."
He said the group maintains high standards for manager and fund quality as indicated by the number of four-star ratings, although four of the seven four-star rated funds are managed by SG Hiscock and Company.
S&P will soon release the full sector report including key findings and sector themes.
Recommended for you
Morningstar Australasia is scrapping its controversial use of algorithm-driven Medalist ratings in Australia next year and confirmed all ratings will now be provided by human analysts.
The dominance of passive funds is having a knock-on effect on Australia’s M&A environment by creating a less responsive shareholder base, according to law firm Minter Ellison.
LGT Wealth Management is maintaining a neutral stance on US equities going into 2026 as it is worried whether the hype around AI euphoria will continue.
Tyndall Asset Management is to close down the Tyndall brand and launch a newly-branded affiliate following a “material change” to its client base.
