Australian-owned Real Asset Management Group (RAM) has launched a bespoke multi-asset portfolio capability for high-net-worth clients who want truly globally diversified portfolios and Asian clients who have completed Significant Investment Visa requirements.
The independent wealth and asset management firm with offices across Australia, Europe and in Hong Kong provides investment solutions to high-net-worth individuals, family offices and institutions, and is in a rapid growth phase.
It has launched new fixed income, private equity and real estate investment strategies for clients, increased assets under management and purchased nine metropolitan and regional Australian shopping centres over the past 14 months for its flagship Australian Retail Property Fund.
RAM CEO Scott Kelly says the development of multi-asset portfolio capability was a natural progression for the firm as its Australian and international client base evolved.
During the Significant Investment Visa (SIV) process to obtain Australian residence, foreign applicants were required to invest at least AUD5 million in Australia, largely in fixed income and property funds, with the balance in emerging market equities and venture capital for a period of four years.
Once this was completed investors were free from SIV rules, but could be subject to Australian taxation and many RAM SIV clients were opting to build a more sophisticated Australia-based portfolio. In addition, RAM had seen strong growth in its number of wealthy Australian clients, many of whom wanted globally diversified investments managed from here, Kelly says.
“The multi-asset portfolio solution we offer is bespoke and takes into account any special requirements of our high-net-worth clients. Our approach is to over-lay a longer-term strategic asset allocation, supported by specialist independent research, with shorter-term tactical tilts towards assets we like.
“We embrace the notion that wealthy families have a natural bias towards real assets such as real estate and incorporate that into our investment process and portfolios. This allows our clients to benefit from a truly diversified and risk-controlled portfolio, generated using the entire spectrum of asset management products, but still having exposure to preferred real assets like commercial real estate,” Kelly says.