POWERED BY MOMENTUM MEDIA
Avant grants mandate to Quay Global Investors
Bennelong Funds Management’s global real estate manager, Quay Global Investors, has been granted its first institutional mandate from Avant, a medical defence organisation representing over 78,000 health practitioners and medical students.
“We have regularly backed new boutique managers and believe that our portfolio benefits greatly by being early adopters of high quality managers such as Quay,” Avant’s chief investment officer, John Lucey, said.
“Quay is a truly benchmark unaware property manager providing investors with property exposure that is well diversified, investing in sectors like student accommodation, manufactured housing, storage and health care,” Bennelong Funds Management’s institutional distribution executive, Jeremy Crowley, added.
“These attractive themes are really starting to resonate with Australian institutional investors, which is pleasing.”
Quay, which was launched in 2015, is a boutique investment manager focused on the preservation and creation of wealth through innovative strategies in real estate securities.
According to FE Analytics, the Quay Global Real Estate has made an annualised return of 12.38% over the last three years.
Quay Global Real Estate Fund v sector and benchmark performance over five years to 30 August 2019
Recommended for you
New research has shown that investing in alternative assets and using active management has, to this point, delivered strong results for Australian super funds.
Australia’s $4 trillion superannuation industry is fundamentally reshaping the nation’s external accounts, setting the stage for a more sustainable current account surplus despite weaker commodity markets.
Rest has expanded its portfolio of renewable energy infrastructure by supporting a Victorian solar farm and battery project.
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
