InvestNow News – 24th April – AMP Capital – Global Property Securities Fund quarterly update

James Maydew, Head of Global Listed Real Estate, provides an update on the AMP Capital Global Property Securities Fund for the March 2020 quarter.

Performance in all risk assets has been challenging in the first three months of 2020 and listed real estate is no different. The economic fallout we are seeing on a week by week basis, and will continue to see in the weeks and months to come, is unprecedented.

Coming into 2020 the portfolio was well diversified and defensively positioned. Throughout January, into February and through March as COVID-19 broke the team took the opportunity to take an even more defensive approach. Find out more about why they believe this has been the right call and why it is the right position to be maintaining going into the next leg of the economic cycle.