Matrix launches Asian property income fund

It will be primarily an absolute return, long-biased fund with a target initial annual dividend yield of 7%-8%. The fund will give investors access to the ARA Strategic Capital Asian Asset Income fund. ARA is one of the leading real estate fund management houses in Asia with ubstantial experience of the REIT and securitised asset markets in the region. Bridget Guerin, director of Matrix, says: “The ARA Fund offers investors the opportunity to allocate into the young and growing market for Asia Pacific REITs and infrastructure and utility equities. These markets are characterised by high...