ART’s London office points to growing interest in private markets

InvestorDaily

Back in April this year, the Australian Retirement Trust (ART) announced it had opened its first overseas office in London in a bid to further capitalise on international investment opportunities. “The plan is to grow our presence in the UK incrementally; we’re not expecting to be a big operation,” a spokesperson told InvestorDaily at the time. During a recent episode of the Relative Return podcast, ART’s head of advice, Anne Fuchs, shared that the move was driven by key investment opportunities, notably the fund’s significant stake in Heathrow Airport.

“We are a significant shareholder in Heathrow Airport and so because we’re such a significant investor and hands-on as shareholders, it was deemed important,” she said. “But there’s also a lot of opportunities, I guess, overseas … particularly in private markets where we wanted to be closer to the action.” Fuchs emphasised that ART’s recent mergers have provided the scale necessary for international expansion.

The rest of this article can be found at investordaily.com.au.