Hedge Funds

Property at an all-time high, but not much to buy

The spread between the yield on bond and core domestic property is at an all-time high, says AMP Capital, but investors are finding it hard to allocate amidst a greater number of international buyers and concerns at office overcapacity. The recent drop in the Reserve Bank of Australia (RBA) cash rate to 2.25 per cent […]
Hedge Funds

REST joint venture deal will represent 1% of all assets

REST Industry Super has entered into a joint venture with US rental apartment developer Greystar Real Estate Partners. The 10 year joint venture makes REST the majority equity partner in approximately eight new rental apartment buildings with a combined total of around 3,000 apartments to be developed and managed by Greystar. The deal will also […]
CIO profiles

Profile: real asset investing at HOSTPLUS

A quarter of the $15 billion in assets held by the HOSTPLUS superannuation fund is held in unlisted property and unlisted infrastructure, and it is keeping a keen eye out for more. While others might hold back on the temptation to buy a share in an airport or an office block, due to cash-flow fears, […]
Investment Strategy

Gulf in best practice growing on alternatives

Some funds are “throwing money out of the window” on alternative assets, by not working out clear objectives for their allocations, according to a senior strategist at QIC. Speaking at the Conexus Fiduciary Investors’ Symposium on the Mornington Peninsula, Tony McKenzie, chief strategist for global multi-asset, told of a widening gulf between funds with highly […]