Strong REITs market boosts ARA Asian strategy


The ARA Asian Asset Income Fund, which focuses on real estate investment trusts (REITs) delivered a robust 32% return between January and August 2012, making it one of the best performing Asia-ex Japan equity focused funds during the period. In August, the fund, which manages below $25 million in assets, delivered a 3.2% gain.

Stephen Finch, the fund’s portfolio manager, says that his long-biased, Singapore-based fund harvested excessively strong dividend opportunities during the period and many of its trading ideas proved spot on in a buoyant REITs environment. Its exposures include Frasers Commercial Trust, a Singapore-listed REIT that