Insights

US Federal Reserve expected to begin cash rate tightening cycle for first time since May 2004. 

Greg Goodsell, Global Equity Strategist at 4D Infrastructure, looks at the prospective growth of global listed infrastructure. In this paper (part 1 of 2) he looks at the need for infrastructure investment around the world and governments’ capacity to fund it.

Like most asset classes, real estate offers investors a total return, comprising income and capital gain. Over time, the capital gain of a property asset reflects the growth in underlying rental income.

While in New York recently at a global real estate conference, we attended a number of company meetings with other participants.

Greg Goodsell, Global Equity Strategist at 4D Infrastructure, compares the sovereign risk of investing in Australia versus the United States.

Chris Bedingfield, Principal and Portfolio Manager at Quay Global Investors, shares key themes which emerged from meetings following the attendance of the Bank of America Merrill Lynch Global Real Estate Conference held in New York.

Exchange-traded funds (ETFs) have shaken up the Australian funds management landscape. From their inception in 2001, ETFs have grown to a market capitalisation of $18.5 billion in Australia[1] with a population of almost 130.

Chris Bedingfield, Principal and Portfolio Manager at Quay Global Investors, explores the benefits of investing in global real estate - from accessing listed asset classes not easily accessible in Australia, to competitive total returns.

One of the more persistent themes in listed real estate today is the so-called headwinds of rising US (and global) interest rates. The narrative argues rising interest rates are negative for listed real estate prices. We believe there are a number of problems with this argument.