Quay Global Investors wins new mandate
Global listed real estate manager Quay Global Investors has been awarded a mandate by Alpha Fund Managers. Alpha Fund Managers portfolio manager Julien Brodie said he was attracted to Quay’s active approach as well as its focus on risk management and wealth preservation. Quay Global Investors will manage part of the Alpha Property Securities Fund, he said.
“Our approach is to research and select the best investment managers from around the world, combine them in our diversified portfolios and actively manage them so that investors don’t have to,” Mr Brodie said.
“Quay’s proven ability to successfully and consistently add value over the long-term fits well with this philosophy,” Mr Brodie said.
Justin Blaess, portfolio manager and co-founder of Quay, said that after operating for three years the firm had met its benchmark of CPI+5 per cent.
“We continue to see good opportunities for investors. Global real estate fundamentals are still generally attractive owing to expanding economies and a general lack of construction post-GFC, limiting supply in certain markets,” Mr Blaess said.
“With sectors such as healthcare, manufactured housing, student housing and data storage benefiting from structural growth, we believe global listed real estate offers a number of benefits for investors looking for both capital growth and yield.”