Square AM: diversifying risk is a priority

Square AM: diversifying risk is a priority

Pedro Coelho, vice-president and executive director of the Portuguese management company is the one who said so and he further explained that one of the “secrets” to assure consistency in terms of investment returns is to «invest from a balanced perspective», which includes «diversifying risk in all segments, tenants, directions and geographies». It is also important to focus first on managing the tenant’s risk and only then on other factors connected to investment such as location, price per sqm and returns.

This is actually the tenth consecutive year this fund from Square AM is awarded in this category at the MSCI European Property Investment Awards, which awards the Portuguese diversified fund with the best returns over 3 years when compared to its national benchmark on all segments. «We are very proud for receiving this award for 10 years in a row», confessed Pedro Coelho, who further added that «nevertheless, for us it is not enough, because we work hard every day to achieve the best portfolio return possible. And, in that sense, we don’t want to stop here. Every year we get anxious about finding out who won the award», he confessed in an interview to Iberian Property Investment Talks.

Open fund CA Património Crescente was created in 2005, based on a long-term strategy and with Crédito Agrícola as its distributor. Since then, it gathered a portfolio estimated at around 801 million euro (GAV), and an investment return, which last year (from June 2019 to June 2020) was around 4.86%. Despite the uncertain times, «we keep growing», guaranteed Pedro Coelho, who revealed a positive evolution in 2020 at around 8%. For the management company’s vice-president «this is very important to show the good work between manager and distributor».

New fund was launched in August

Management company Square AM has «a new baby», revealed Pedro Coelho. Property Core Real Estate Fund is the company’s latest bet, which this time chose Best- Banco Eletrónico de Serviço Total as its distributor.

This new investment vehicle launched at the end of August is an open fund too and for Square AM it «represents a lot, not only because we are diversifying risk with new products and a new distributor, but also because it represents the market’s recognition which reinforces our daily work to obtain the best returns for our clients».

The goal, assured Pedro Coelho, is to «work hard to achieve the best long-term returns and increase clients and distributors».

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