Following a recent Morningstar Analyst Ratings Committee Meeting, we have awarded the AMP Capital Global Real Estate Securities fund a Morningstar Analyst Rating™ of Bronze. While the fund was only launched in March 2014, it follows the same strategy as its Australian-listed counterpart, AMP Capital Global Property, which we hold in high regard. The strategy has been executed with much success under the leadership of fund manager Matthew Hoult, who heads a well-resourced team with significant expertise in global real estate securities. Hoult and his team have executed a well-thought through process that combines a bottom-up research stock picking and top-down analysis and managed to attain an excellent track record relative to the fund’s benchmark and peers, even during some challenging times for the sector. The team runs a high conviction portfolio and we believe they have the right skillset to add value over time.
See the latest Morningstar fund rating news here.
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