Toronto-based Assante Private Client on Monday announced the addition of three alternative investment options for its clients.
“Alternative investments provide the potential for increased returns, reduced volatility and sustainable inflation-protected income streams,” says Jaime Ross, president of Assante Private Client, in a statement. “Investors are increasingly interested in how these strategies can help them reach their life and legacy goals.”
The alternative investments available are:
> CI Global Private Real Estate Fund
The fund provides exposure to a globally diversified portfolio of direct investments in commercial, industrial and residential real estate. Private real estate investing offers the potential for attractive returns, stable income, low or negative correlation to stock and bond markets, and a hedge against inflation, Assante explains in a news release. The portfolio is actively managed by CBRE Global Investment Partners, an affiliate of Los Angeles-based CBRE Group, Inc., a full-service commercial real estate services and investment company.
> Lawrence Park Credit Strategies Fund
The fund is focused on providing consistent returns with low volatility and capital preservation through investments primarily in investment-grade corporate bonds. Toronto-based Lawrence Park Asset Management adds value through security selection and an active approach that takes advantage of inefficiencies in the corporate bond market. The fund offers diversification relative to traditional fixed-income strategies.
> Marret Enhanced Tactical Fixed Income Fund
The fund invests in a global portfolio of investment-grade and high-yield corporate bonds. The goal is to provide an actively managed short duration fixed income portfolio that protects investors from interest rate volatility. Toronto-based Marret Asset Management seeks to provide consistent returns with low volatility through active systematic credit spread hedging and duration management.
“From an investment perspective, alternative strategies can improve the overall client experience, whether to generate income, drive capital growth, reduce volatility or achieve further portfolio diversification,” says Damon Sutherland, senior vice president, sales and wealth services for Assante Private Client, in a statement. “Adding these mandates is part of our ongoing strategy to expand the breadth of investment mandates and specialized expertise available to our high-net worth (HNW) clients.”
Assante Private Client, a division of CI Private Counsel LP, offers a fully integrated, comprehensive wealth-planning program designed exclusively for HNW individuals, families and business owners across Canada.