Sanlam FOUR has launched a Real Assets fund for portfolio manager Mike Pinggera.
The Real Assets fund was previously launched as a segregated mandate for an institutional client with £55m but the business is now launching it widely as a UCITS fund. Sitting in the IA Flexible sector, it will target a regular income and capital growth via listed securites which derive their value from underlying real assets. This contrasts with his £157m Multi-Strategy fund, which is an absolute return vehicle. Real assets, which includes infrastructure, commercial property, renewable energy, are an area Pinggera has experience in as 25% of his Multi-Strategy fund is invested in t...
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