Social infrastructure trust rebrands
The Australian Social Infrastructure Fund has been changed to the Folkestone Social Infrastructure Trust, as part of a broader rebranding for Folkestone Limited.
The property trust which invests in social infrastructure said, in an ASX announcement today, that it had rebranded to create a fresh and dynamic identity for the next phase of growth and development.
The investment team will remain unchanged and the rebranding will not have any financial implications for investors or the way the trust manages investments, the announcement said.
Along with the name change, the ASX code will change from AZF to FST, effective 12 June 2014.
Recommended for you
The “experiment” away from vertical integration has been a mistake, according to Clime’s Michael Baragwanath, and Clime is positioning to benefit via advice and fund manager acquisitions.
JP Morgan Asset Management has identified Australia as an “emerging growth market” as it seeks to double its assets under management in the Asia-Pacific region in the next five years.
Australian Ethical funds under management were $14.3 billion at the end of September, with its investment division seeing inflows return after outflows in the previous quarter.
Record flows into iShares ETFs helped BlackRock’s assets under management reach US$13.5 trillion in the third quarter, but it reported outflows from the APAC region.
