Schroders takes property to another level
Schroder Global Property Securities Fund launched in December 2005 has already attracted over £100 million sales from financial advisers.Managed by Jim Rehlaender, the fund targets long-term total returns from investments in listed REITs and property companies located around the world. The fund has returned 41.82 per cent since launch, outperforming the FTSE EPRA NAREIT GI GBP index by 5.28 per cent placing the fund in the top decile.
Robin Stoakley, Managing Director, Schroders’ UK Retail Business, said: “We were one of the first houses to launch a global property securities fund in the UK and we are delighted with the amount of interest there has been in Schroder Global Property Securities over the last year.
“With our Global Property Securities fund we can buy into and sell out of local markets at the optimal points in their market cycle, something that is not always achievable in the direct market. Today, with wider concerns over the UK market in the medium term, and the identification of attractive trends in overseas markets, there is a compelling argument to invest in a global property securities fund.”
William Hill, Schroders’ Head of Property, said: “We expect interest in global real estate to continue this year. Increasingly, investors are seeking to diversify away from the country specific risk in their home markets in favour of global funds with a greater opportunity set.”