Lonsec upgrades First Sentier Investors' Multi-Asset Real Return Fund

First Sentier Investors' Multi-Asset Real Return Fund has been upgraded to 'Recommended' from 'Investment Grade' by ratings house Lonsec.

Lonsec cited the fund's strong team and robust investment processes as reasons for the upgrade.

The fund is a multi-asset real return strategy which combines First Sentier Investors investment team's medium-term views via a Neutral Asset Allocation (NAA), reviewed semi-annually, and a Dynamic Asset Allocation (DAA), to take advantage of shorter-term market inefficiencies between the NAA reviews.

"Lonsec noted that we are willing to vary medium-term and dynamic asset allocations significantly, depending on market conditions," Investment team lead Kej Somaia said.

"This proactive approach underpins our strategy and, we believe, differentiates us."