Royston Capital has added the expertise of Hong Kong-based manager Admiral Investment to its Australian real estate investment trust (REIT) and listed infrastructure portfolio.
The portfolio is targeted to Significant Investor Visa (SIV) applicants but is also available to other investors.
Royston Capital director Chris Boag said the business was very pleased about its alliance with the property adviser.
“This partnership allows Royston Capital to deepen its investment expertise in property investment and provides a footprint and access point in Hong Kong for clients,” Boag said.
The decision to set up the portfolio and relationship with Admiral was driven by the changes to the SIV program in July last year, he said.
“While the number of applicants has declined since the changes, we don’t foresee any major changes to the program and believe it will take some time for overseas migration agents to get to know and understand the program better,” he explained.
“We recently travelled to Hong Kong and Taiwan to promote the Royston/Admiral partnership and raise awareness of the SIV program.”
Admiral Investment in 2013 was among the first asset managers to offer an Asia-Pacific REIT solution to investors.
Its chief investment officer, Victor Yeung, has over a decade of investment experience and a strong track record in managing Australian REIT portfolios, as well as in the infrastructure sector.
“Admiral is happy to offer our services, via the partnership, to a specific clientele that we have not previously served,” Yeung said.
“Australian REITs and the infrastructure sector can provide diversification to create an attractive risk/return profile and mitigate the risk of being too concentrated in any one specific market.”
About 70 per cent to 80 per cent of Royston Capital clients in its private direct equity investment mandates are SMSFs.
In April last year, the independent planning firm told selfmanagedsuper it had launched a licensing solution tailored to smaller accounting firms looking to continue their SMSF business with as minimal disruption as possible.
The business was established in 2013 as a carveout of a well-known Melbourne family office.