Channel Capital awarded mandate

Channel Capital has announced its subsidiary Channel Investment Management (CIML) has been appointed Responsible Entity of the CBRE Australian Property Securities Fund.

Established in February 1993, the fund is one of Australia's long-standing listed property securities strategies, providing actively managed exposure to Australian listed real estate securities.

The fund is managed by CBRE Investment Management Listed Real Assets, the listed real asset solution within CBRE Investment Management.

With the appointment of the CBRE Australian Property Securities Fund, CIML is now Responsible Entity for all four CBRE IM Real Assets funds offered in Australia.

It has acted as Responsible Entity for the CBRE Global Real Assets Fund since December 2023, with the relationship expanding in December 2024 to include the CBRE Global Property Securities Fund and the CBRE Global Infrastructure Securities Fund.

Channel also provides distribution, marketing, operations, and client services for the range.

Channel co-head of distribution Luke Mandekic said Channel was pleased to have the relationship expanded.

"Advisers are increasingly seeking specialist real assets capabilities from trusted global managers, and this appointment further strengthens our ability to support them with access to high-quality property and infrastructure strategies through a consistent and well-supported platform," Mandekic said.

"The CBRE Australian Property Securities Fund is independently rated 'Highly Recommended' by both Lonsec and Zenith Investment Partners, reflecting the strength of its investment process, experienced management team, and robust track record."

CBRE IM Listed Real Assets portfolio manager Justin Pica added: "Listed real estate continues to offer investors access to high-quality real assets, attractive income characteristics and portfolio diversification benefits. We are pleased to partner with Channel to broaden access to this capability and support investors seeking long-term opportunities within the listed property sector."

"This appointment builds on our successful partnership with Channel and reflects the confidence we have in their governance and operational capabilities. For investors, it means continuity through the same investment team, the same strategy and the same commitment to strong client outcomes."