Sanlam FOUR expands range with real assets fund

Offshoot from multi-strategy fund

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 th...