American Century has launched the American Century Global Real Estate Fund, managed by Steven Brown. He will be supported by analysts Steven Rodriguez and Vishal Govil.
The fund is benchmarked against the MSCI AC World IMI Real Estate Index and will invest 75% of its portfolio in developed nations and the remaining in emerging markets.
“In the last five years, we have seen a shift in preference to global investing as clients seek higher returns and ways to possibly reduce the impact of inflation,” Brown said. “The fund has the added benefit of potentially increasing investors’ portfolio diversification.”