MacarthurCook Asian real estate fund on horizon
MacarthurCook is in the final stages of establishing a real estate securities fund in Asia, with a product disclosure statement expected to be available in the coming weeks.
The MacarthurCook Asian Real Estate Securities Fund will invest in a diversified portfolio of real estate companies and investment trusts to provide Australian investors with long-term capital growth and income.
It will seek to raise $100 million by way of public offer, partly underwritten by Citigroup Global Markets Australia and Bell Potter Securities.
The fund manager expects Asia’s robust GDP growth and high savings rates combined with the region’s developing REIT laws to continue to drive the strength of Asia’s real estate values.
Recommended for you
Global asset manager Janus Henderson could be acquired after receiving a non-binding acquisition proposal jointly from a private investment firm and venture capital firm.
Investment manager Salter Brothers has partnered with private equity firm Kilara Capital to launch an Australian sustainable investment platform focusing on decarbonisation.
Fresh off launching three active ETFs to the Australian market, Avantis Investors is already planning to expand its range with two further products next year.
Ausbil is growing its active ETF range with an ESG product in collaboration with sister company Candriam.
