More praise for global property
Despite being a relatively new sector, international listed property is expanding rapidly, with considerable benefits for investors, according to Standard & Poor’s.
Access to stable income streams, excellent risk diversification and high liquidity are just some of the arguments for the newly emerging asset class that were put forward by Standard & Poor’s fund analyst Peter Ward.
He added that it provided “an attractive combination of income and growth returns with low correlation, not only across global property markets but with other asset classes”.
“It is also a cost-efficient way to get exposure to global property markets.
“Although many of the funds are new to the Australian market … managers typically have experience not only in property securities investment, but also direct property experience and expertise.”
The review examined 14 managers, offering 19 different funds to which Standard & Poor’s has applied star ratings.
AUTHOR
Recommended for you
T. Rowe Price believes Australian growth is successfully managing to shrug off consumer weakness, but the firm’s multi-asset team is not yet positive enough to increase its underweight position.
Iress has issued an update denying the validity of “certain statements” made by an alleged threat actor, following a cyber incident last weekend.
The latest budget papers have outlined a $10 million provision for ASIC greenwashing enforcement activity as well as funds for a sustainable labelling regime to be partially met by industry levies.
Betashares has expanded its fixed income solutions with the launch of a new ETF offering exposure to subordinated bonds issued by the big four Australian banks.
