Nedgroup Investments is excited to announce the launch of the Nedgroup Investments Global Property Fund, with Resolution Capital as the appointed Sub-Investment Manager. Resolution Capital is a specialist investment manager based in Sydney, with primary expertise in managing global listed real estate mandates. Their disciplined investment process emphasises a global sectoral perspective and focuses on long term wealth preservation and appreciation.
Nic Andrew, Head of Investments at Nedgroup Investments says “We are delighted to be working with the team at Resolution Capital. The Nedgroup Investments Best of Breed™ philosophy sees us partner with select fund managers who we believe are able to provide consistent long term outperformance for our clients. Resolution Capital is an owner managed business with a strong culture of stewardship – characteristics that we believe are important in ensuring alignment of interests with our clients. They have an outstanding long-term track record with an emphasis on superior capital protection in down-markets – another attribute that we tend to favour in our manager selection process.”
This new addition to the award-winning Nedgroup Investments Global Best of Breed range complements their existing offering comprising the Nedgroup Investments Global Equity Fund (managed by Veritas, UK), the Nedgroup Investments Global Flexible Fund (managed by FPA, USA) and the Nedgroup Investments Global Cautious Fund (managed by Chartwell Investment Partners, USA).
At the 2016 Annual Raging Bull Awards held earlier this year, Nedgroup Investments were proud winners of the Offshore Management Company of the Year award, in recognition of the performance, risk-management and consistency of returns achieved by these funds over a 5-year period.
Nedgroup Investments has grown their Global Best of Breed franchise from R1.3 billion in 2010, to over R33 billion today. “There is substantial demand for offshore at the moment and our global business has enjoyed net flows of almost R5 billion in the past 12 months. We have significant offshore capacity and believe that with the addition of the Global Property Fund to our range, we are well-positioned to provide investors with a simple, but comprehensive offshore offering,” says Andrew.
Andrew Parsons, Managing Director and Portfolio Manager of Resolution Capital, says: “We are honoured to have been chosen by Nedgroup Investments to manage a new global property fund. Nedgroup Investments has a proven distribution platform featuring high calibre managers across multiple asset classes. Importantly, this appointment is consistent with Resolution Capital’s commitment to expand our client base globally.”
Nedgroup Investments is proud to offer investors exclusive access to Resolution Capital’s global real estate capability via two FSB approved access points:
· Nedgroup Investments Global Property Fund (USD denominated, domiciled in Ireland)
· Nedgroup Investments Global Property Feeder Fund (ZAR denominated, domiciled in South Africa)