News

New appointment for Quay as Global Real Estate Fund added to BT Wrap and BT Panorama

23 October 2018

Quay Global Investors has appointed Gavin Truong to the newly created role of investment analyst, as the Quay Global Real Estate Fund is made available through the BT Panorama and BT Wrap platforms.

Gavin is based in Sydney, reporting to joint portfolio managers Justin Blaess and Chris Bedingfield. He joins Quay from Lendlease, where he was a financial analyst. In this role he provided financial modelling, research and tax analysis for Lendlease's global real estate fund initiatives.

Prior to joining Quay, Gavin worked as an equity research analyst at UBS Australia, where he covered emerging companies including listed real estate.

He holds a Bachelor of Commerce (UNSW) and a graduate diploma in Chartered Accounting and is currently studying the CFA.

Chris Bedingfield said the appointment occurs during a period of strong growth for Quay Global Investors.

"Gavin's financial services experiences, including real estate funds management and as an equity research analyst, make him a good fit for the role and the team at this crucial point in the business's evolution.

"Next year will mark the strategy's five-year track record, and adviser interest in the strategy – which has exceeded its performance expectations for every time frame since inception in July 2014 – is gaining momentum.

"The Fund aims to generate a real total return of at least 5% p.a. above CPI over five plus years. As at 30 September 2018, in its fifth year of performance, the strategy has generated its investors a net annualised return of 14.8% and outperformed the Global Real Estate Index by 4.8% p.a. since inception in July 2014*."

The Fund is now available through BT Panorama, BT Wrap, Hub24, Macquarie Wrap, Netwealth and Powerwrap. It has also been added to a number of model portfolios, opening investment availability to a significantly larger audience.

The Fund recently maintained its 'Recommended' rating from Lonsec. In its rating report it said: "Lonsec considers the Fund to be an attractive entry point for investors desiring a high conviction exposure to global property securities."

The Fund also has an 'Approved' rating from Zenith and is rated 'Superior' by SQM.

 

* FTSE/EPRA NAREIT Developed Index Net Total Return (AUD Unhedged). Past performance is not an indication of future performance.