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Global Property Equities

A high-conviction, bottom-up, long-only portfolio of global REIT companies seeking income and long-term capital appreciation.

Overview

Quarterly Update

Watch the investment team recap the quarter.

ABOUT THIS STRATEGY

The strategy is high conviction and actively managed, investing in quoted equity securities of companies or real estate investment trusts (or equivalents) listed or traded on a regulated market. Supported by real estate experts based in Europe, Asia and North America, our primary strategy is long only and benchmark aware seeking moderate, but consistent, outperformance of the benchmark index.

INVESTMENT APPROACH

Working to Deliver Attractive Total Returns Over the Long Term
The strategy seeks income and long-term capital appreciation by investing principally in global Real Estate Investment Trusts (REITs) and listed property companies.

Liquid Access to Global Property
Compared to physical property investment, listed REITs are more liquid, require less investment capital and can deliver a consistent income stream.

Portfolio Diversification
Property equities generally display low correlations to other assets such as equities and bonds and lower volatility than equities.

Featured Insight

Equity Perspectives

Quarterly insight from our equity teams to help clients navigate the markets and opportunities ahead.

Featured Insight

July 2019 | Investment Team Perspectives

The Case for Global Property Equities

Listed real estate stocks, including REITs, offer the potential for enhanced returns, consistent income and greater diversification. Our experts highlight why as they make the case for property equities.

Portfolio Management

Guy Barnard, CFA

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2003. Joined Firm in 2006.

Tim Gibson

Co-Head of Global Property Equities | Portfolio Manager

Industry since 2001. Joined Firm in 2011.

Greg Kuhl, CFA

Portfolio Manager

Industry since 2005. Joined Firm in 2015.

Performance

RETURNS (%) (As of 30/09/2024)
Composite Gross Composite Net FTSE EPRA Nareit Developed Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(11/01/1997)
Composite Gross 16.15 11.75 26.15 -0.51 3.87 7.09 9.36
Composite Net 15.85 10.85 24.80 -1.94 2.18 5.23 7.37
FTSE EPRA Nareit Developed Index 16.07 11.77 28.86 0.39 1.39 4.06 6.59
RETURNS (%) (As of 30/11/2024)
Composite Gross Composite Net FTSE EPRA Nareit Developed Index
 
3M YTD 1YR 3YR 5YR 10YR Since Inception
(11/01/1997)
Composite Gross 0.25 9.07 18.68 -2.23 2.42 6.08 9.20
Composite Net -0.02 7.99 17.40 -3.60 0.79 4.26 7.22
FTSE EPRA Nareit Developed Index 0.11 8.62 18.90 -1.73 0.57 3.02 6.43

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