• ANREV’s All Funds Index returned 1.38% in Q1 2021, down from 3.13% in Q4 2020.

• Core funds outperformed value added and opportunity funds with returns of 1.55% versus 1.05% and -0.46% respectively.

Data contributions were received from 90 funds with a total gross asset value of US$145.7 billion. Further detail of the sub-indices which cover fund style and various geographies can be found in the full report.

We would like to thank all the companies that supported the data collection exercise and look forward to your continued support in the next round of data collection.

If you have any questions about the ANREV Index or want to take part in this industry-led initiative, please contact Daisy Huang or Justin Wong.

In light of the COVID-19 pandemic, ANREV has conducted an additional survey investigating funds’ valuations under COVID-19.

The ‘Impact of COVID-19 on valuations’ survey was distributed to fund managers during the data collection of ANREV Quarterly Index Q1 2021. They were asked to fill in the extra questionnaire to look into the impact of the “Material Uncertainty clause” on asset valuations, suspension of trading and status of rent collection.

For any questions, please contact Amélie Delaunay.

The ANREV Australia Core Open End Fund Monthly Index (ACOE) saw a total return of 0.36% in May 2021. The ACOE includes 19 funds with a total GAV of AUD 114.08 billion.

The ACOE Index also reports data on geographic allocation by sectors.

Please contact Darren Cheung or Daisy Huang if you have any questions regarding the Index.

The ANREV Australia Farmland Index provides financial performance of 39 different properties of market value over $1.06 billion in farmland.

• ANREV Australia Farmland Index returned 8.46% on a 12 month rolling basis in Q1 2021.
• On an annualized rolling return basis, the income return was at 5.15% in Q1 2021.
• Capital growth was at 3.17% in Q1 2021 on a 12 month rolling basis.

We would like to thank all the managers for their data contribution.

If you have any questions about the Index, please contact Daisy Huang or Darren Cheung.

The Q1 2021 ANREV ODCE Fund Index - Open End Diversified Core Equity (ODCE) results were released on 2 June 2021 and showed a total return of -0.61%.

Please provide feedback and comments to Justin Wong or Amélie Delaunay.

• Total real estate AUM grew by 11%, from US$3.6 trillion in 2019 to US$4.1 trillion in 2020
• The ten biggest managers reported real estate AUM above US$100 billion
• CapitaLand is the first Asia Pacific manager to make into the top 10

As of 31 December 2020, total real estate assets under management (AUM) stands at US$4.1 trillion compared to US$3.6 trillion at the end of 2019. The 10 largest managers have a total real estate AUM above US$100 billion. With US$319.4 billion of real estate AUM, Blackstone tops the overall list, followed by Brookfield and Prologis.

CapitaLand is the first Asia Pacific manager to be included in the top 10, with a reported real estate AUM of US$100.2 billion.