Malaysian asset manager Kenanga Investors has launched a global real assets unit trust fund that invests in exchange-traded funds.
The Kenanga Alternative Series: Global Real Assets Fund’s ETF exposure is managed by Malaysian fund manager GAX MD, which uses sophisticated algorithms and advanced investment models to ensure precise and effective management of global real assets, Kenanga Investors says in a statement on June 6.
According to Ismitz Matthew De Alwis, executive director and chief executive officer of Kenanga Investors, the two firms have teamed up to create an investment strategy based on a “systematic, data-driven and cost-efficient approach to portfolio construction that optimises performance while strengthening diversification and risk management”.
He says the new fund provides investors with “enhanced growth opportunities through well diversified, global investment strategies”, and that the integration of real assets into the investment portfolio will be a “robust hedge against market uncertainties”.
“Amidst the complex economic landscape of today, the value of physical assets such as real estate, commodities and precious metals often appreciates, enabling investors to maintain the real value of their wealth,” he says.
Kenanga Investors had 21.26 billion ringgit (US$4.45 billion) of assets under management as of end-February.
