Five stars and a recommended title
The Cromwell Phoenix Core Listed Property Fund has received Financial Express' highest rating of five stars, while it also received a ‘recommended' rating from research house, Zenith Investment Partners.
Cromwell's listed property fund produced a return of 23.74 per cent over the past year, and outperformed the index by 5.07 based on our analysis of Financial Express' data.
Cromwell Property Group said the fund focused on large, well-established Australian property security and related sectors, which included infrastructure.
The investment was led by Phoneix Portfolio's managing director, Stuart Cartledge.
Cartledge said he was pleased that the fund was praised by several research houses, especially as it was in its first year and in a tough environment.
The fund had also been given a ‘recommended' rating by Lonsec and was available through the Macquarie Wrap, Netwealth, OneVue, BT and HUB24.
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.
