AFM and McGrath Estate Agents have developed investment opportunities for high net worth investors.

Managing Director of AFM, Avi Naidu, said the managed funds are in direct response to enquiries from international clients.

The Australian Core Property Fund and Australian Strategic Equities Fund provide investors exposure to attractive Australian asset classes.

“Aura is delighted with the opportunity to provide our clients access to the new funds. We are confident that the SIV programme will have important added benefits on the broader Australian economy. The SIV is designed to attract both strategic capital investment and sophisticated entrepreneurs, which will invariably have a positive impact”, he said.

Recognising the importance of innovation in attracting foreign capital, AFM has appointed McGrath Estate Agents as strategic advisor to its Australian Core Property Fund. McGrath’s Founder and Chief Executive, John McGrath, will join AFM’s Senior Advisory Committee. The Committee will provide strategic guidance and non-binding advice to AFM’s asset management team, who will have ultimate responsibility for investment decisions. The Committee will guide the long-term strategy, focusing on macroeconomic and demographic trends.

“We are delighted to be aligned with a well-respected organisation such as McGrath. Having John McGrath’s industry knowledge and wealth of experience will be an invaluable asset to our Senior Advisory Committee. John brings keen market awareness and proven ability to identify strategic real estate investment opportunities”, he said.

Chief Executive of McGrath Estate Agents, John McGrath, said “Australia is a strongly preferred destination for overseas investors, so the early popularity of the SIV program is not surprising. Our role for the Property Fund is to ensure that the best possible property investments are sourced on behalf of the Fund. Our track record of watching market trends and predicting popular property locations will be leveraged by the Fund to provide its investors a market advantage.”

Mr McGrath joins Albert Ovidi on the AFM Senior Advisory Committee. Mr Ovidi is Chief Operating Officer of global real estate services firm Jones Lang LaSalle in the Asia Pacific Region. Based in Singapore with oversight of key Asia Pacific countries, Mr Ovidi is able to bring a unique perspective and insight into the needs of sophisticated investors based throughout Asia.

The post Aura Funds Management launches SIV compliant property and equities funds appeared first on AdviserVoice.