View more on these topics

Stellar’s inaugural fund to exploit Baltic States

Stellar Asset Management’s first launch is its Stellar Baltic States fund that will allow investors to exploit opportunities emerging from Eastern Europe.

The fund will look at the developing property market in the Baltic States working in partnership with Baltic property specialist Bristol and Stone and Capital City Developments.

The fund’s investment strategy is to develop a diversified portfolio aimed at providing asset growth over the short to medium term, exploring development and planning changes as well as more conventional opportunities.

The fund will seek annual total returns to investors of 15 per cent, will be a closed-ended limited partnership and is looking to raise £10m.

Minimum investment is £25,000 and initial commission rates of 4 per cent and 0.5 per cent trail are available for advisers.

Chief executive Jonathan Gain says: “This is a particularly exciting venture as the fund has been seeded with six properties, allowing investors entry at the original purchase cost. There is a window of opportunity to invest before the first valuation at which time there may be an uplift in value.”

Recommended

Baltic fund aims for 15% return

Stellar Asset Management’s first fund, Baltic States, focuses on Eastern Europe opportunities, looking for annual total returns to investors of 15 per cent. Minimum investment is £25,000.

India budget and the liquidity supercycle

Kunal Desai, manager of the Neptune India Fund, comments on how India’s 2017 budget will impact the Indian economy and equity market. Read article here: Important Information – for Investment Professionals only. Not for Retail Clients.Investment risksThe Neptune India Fund may have a high volatility rating and past performance is not a guide to future […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com