New Star International Property Fund available on Skandia and FundsNetwork platforms

The New Star International Property Fund, a unique open-ended international direct commercial property fund that offers a diversified portfolio of properties in Europe, Asia and Australasia, is now available on both the Skandia and FundsNetwork platforms.

The addition of this highly-anticipated fund on two of the largest fund platforms in the UK provides easier access for investors to a product that has been warmly received by intermediaries and direct investors alike. Designed to access the strong potential returns of international property markets, the fund offers investors greater portfolio diversification away from bonds and equities as well as providing an attractive and stable income stream.

Richard Wilson, UK retail marketing director, says: “We are delighted that the unique New Star International Property Fund is now available through Skandia and FundsNetwork. New Star has been instrumental in bringing direct international commercial property to the wider retail market. The addition of the fund to these two highly-respected fund platforms is testament to the unique structure and strong demand for an asset class that until now has been the preserve of the institutional market. The benefits of diversification from direct international commercial property investment are now open to everyone.”

Richard Vincent, head of strategic fund partnerships at Skandia, says: “As the first fund platform to link with New Star we are pleased to be building on the strength of this relationship by adding this exciting fund. We have seen huge demand for the other property funds across our ranges and there is a definite appetite from advisers for the diversification this international fund will afford our life, pension, fund supermarket and offshore clients.”

Rob Fisher, head of sales and marketing at Fidelity FundsNetwork, says: "By popular demand, we are delighted to confirm that New Star's International Property Fund is now available on FundsNetwork. Property clearly remains a popular asset class for investors and advisers alike. We are pleased to add this innovative new fund to our platform."