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.
INVESTMENT STRATEGIES
Global Property Equities
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Overview
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 investment professionals based in Europe, Asia and North America, our primary strategy is long only and benchmark-aware with the investment objective of moderate, but consistent, outperformance of the benchmark index.
Investment Approach
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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.
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Liquid Access to Global Property
- Compared to physical property investment, REITs are more liquid and require less capital outlay and can deliver a bond-like income stream.
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Portfolio Diversification
- Property equities generally display low correlations to other assets such as equities and bonds and lower volatility than equities.
Essentials: Global Property Equities Strategy
Learn how our high-conviction approach to listed property stocks and REITs aims to deliver attractive total returns.
Portfolio Management
Featured Insights
Global Property Equities: Going the Distance
Tim Gibson shares why he is keeping a close eye on U.S. interest rates and notes that disruption is unearthing opportunities for property equities investors.
Performance
RETURNS
| Inception: Nov 01, 1997 | 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception |
|---|---|---|---|---|---|---|---|
| Composite Gross | 3.21% | 20.56% | 12.85% | 9.25% | 8.16% | 12.45% | 10.48% |
| Composite Net | 2.72% | 19.44% | 10.71% | 7.19% | 6.16% | 10.35% | 8.42% |
| FTSE EPRA/NAREIT Developed Index (Gross) | 0.20% | 15.09% | 8.64% | 5.45% | 5.79% | 11.45% | 7.98% |
| Inception: Nov 01, 1997 | 3M | YTD | 1YR | 3YR | 5YR | 10YR | Since Inception |
|---|---|---|---|---|---|---|---|
| Composite Gross | 6.58% | 25.38% | 14.62% | 9.37% | 8.72% | 11.00% | 10.59% |
| Composite Net | 6.08% | 23.82% | 12.46% | 7.31% | 6.71% | 8.93% | 8.54% |
| FTSE EPRA/NAREIT Developed Index (Gross) | 4.09% | 17.79% | 9.10% | 5.44% | 5.89% | 9.84% | 8.03% |
Past performance cannot guarantee future results. Investing involves risk, including the possible loss of principal and fluctuation of value. Returns greater than one year are annualized. Returns are expressed in U.S. dollars. Composite returns are net of transaction costs and gross of non-reclaimable withholding taxes, if any, and reflect the reinvestment of dividends and other earnings.
The gross performance results presented do not reflect the deduction of investment advisory fees and returns will be reduced by such advisory fees and other contractual expenses as described in the individual contract and Form ADV Part 2A.
Net performance results do not reflect the deduction of investment advisory fees actually charged to the accounts in the composite but they do reflect the deduction of model investment advisory fees based on the maximum fee rate in effect for the respective time period, adjusted for performance-based fees where applicable. Actual advisory fees may vary among clients invested in the strategy shown and may be higher or lower than model advisory fees. Returns for each client will be reduced by such fees and expenses as negotiated in any client contract as discussed in Form ADV Part 2A.
The gross performance results presented do not reflect the deduction of investment advisory fees and returns will be reduced by such advisory fees and other contractual expenses as described in the individual contract and Form ADV Part 2A.
Net performance results do not reflect the deduction of investment advisory fees actually charged to the accounts in the composite but they do reflect the deduction of model investment advisory fees based on the maximum fee rate in effect for the respective time period, adjusted for performance-based fees where applicable. Actual advisory fees may vary among clients invested in the strategy shown and may be higher or lower than model advisory fees. Returns for each client will be reduced by such fees and expenses as negotiated in any client contract as discussed in Form ADV Part 2A.