Report
Tony Sherlock
EUR 147.86 For Business Accounts Only

Low Bond Rates Help Charter Hall Post Further Asset Revaluations; FVE Unchanged at AUD 4.80

Asset revaluations undertaken across Charter Hall Group’s fund-management platform have added AUD 700 million to funds under management, representing growth of 4% on the AUD 17.5 billion at June 2016. Across the directly owned assets and those in Charter Hall-managed funds, the weighted average capitalisation rate declined by 0.26% to 6.28%. The movement in the WACR has closely followed bond yields. For reference, the WACR of the fund-management platform is 6.28% at December 2016, but was 6.66% ...
Underlying
Charter Hall Group

Charter Hall Group is engaged in the investment in property funds, and property funds management. Co. has the following two reportable segments: Property Investments, which comprises investments in property funds; as well as Property Direct Investments, which comprises direct interests in investment properties; and Property Funds Management, which comprises funds management services, property management services and other property services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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