POWERED BY MOMENTUM MEDIA
REST increases property exposure
Big retail-based industry superannuation fund REST has issued two new property mandates worth $250 million.
The fund announced this week that it had agreed to invest $100 million in the Charter Hall Core Plus Office Fund and $150 million in the General Property Trust’s Office Wholesale Fund.
Announcing the mandates, REST chief operating officer Damian Hill said both funds would give REST members access to a broader range of property assets.
“These investments complement REST’s directly held property and increase our diversification in this asset class,” he said.
AUTHOR
Mike Taylor
Recommended for you
Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards.
The asset manager is bolstering its investments in the global energy transition and climate opportunities.
The ethical investment manager has reported record FUM as its growth trajectory continues apace.
The chief investment officers of UniSuper, HESTA, and TelstraSuper have elaborated on opportunities and risks that are top of mind when it comes to illiquid assets like private credit within their portfolios.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
66.99 3 y p.a(%)
2
Hills International
62.62 3 y p.a(%)
3
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.95 3 y p.a(%)
4
Acadian Global Equity Long Short Class A
32.82 3 y p.a(%)
5
CFS FC Acadian Global Equity Long Short
32.44 3 y p.a(%)
Add new comment