All Star Fund’s launches new LPT capability to fill adviser demand; rated RECOMMENDED by Zenith

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Kate Mulligan, Managing Director of All Star Funds has announced today that their new All Star Maple-Brown Abbott Listed Property Fund has been given a rating of “Recommended” by ratings agency Zenith.

“Advisers have told us that listed property is a cornerstone of their client’s defensive portfolios.” says Mulligan. “We’re delighted that Zenith has formally recognised MBA’s track record and expertise in this asset class with a rating of Recommended.”

Maple-Brown Abbott’s Listed Property Fund capability is managed by Charles Dalziell and Dougal Maple-Brown utilising MBA’s time-proven value-driven, team approach to identify stocks representing strong relative value. However, this capability has never before been available to the retail market.

Tim Hordern, Head of Business Development for Maple-Brown Abbott said, “We are delighted to be offering our listed property capability in the retail market through All Star Funds, and have selected them for their expertise and reach in that market.”

All Star Funds, which was established in July 2007, was conceived to provide high alpha capabilities which would otherwise not be available to the retail market.

“For the past three years we have focussed on getting our “core” funds settled. This new capability has been designed to meet the demands of advisers for a reliable, conservatively managed LPT” said Mulligan. She continued, “We understand from our conversations with advisers that there is a real need for additional solutions in this space.”

Mulligan believes the new capability will complement All Star’s existing Funds, the All Star IAM Australian Share Fund (managed by Independent Asset Management), the All Star KFM Income Fund (managed by Kaplan Funds Management, an absolute return manager focussed on income producing strategies) and the latest Fund to join the All Star ranks, the All Star Nomura China Fund (managed by Nomura Asset Management, a conservative manager with proven expertise in this market).