
Premier Miton Pan European Property Share

Premier Pan European Property Share does not invest in 'bricks and mortar' property, but in the shares of property companies across Europe, including the UK. Its target is twofold: to generate income, while also providing an attractive level of growth.
Previously Premier Pan European Property Share
Our Opinion
Fund Managers
Fund Managers

Alex Ross, Co-Manager Alex Ross joined Premier Miton in June 2005 as the fund manager of the Premier Miton Pan European Property Share Fund. Prior to this, he worked at Aberdeen Asset Management as part of their Pan-European Equity Team, where he managed the Aberdeen Property Share Fund.

Kirsty Riddle-Turner, Co-Manager Kirsty joined Premier Miton in October 2015 as a Risk and Performance Analyst before transitioning to the Pan-European Property Share Fund investment team. She now manages property company portfolios across the Premier Miton Diversified fund range. Before joining Premier Miton, Kirsty trained as an assistant fund manager at Garraway Capital. She holds a First Class Degree in Maths, the IMC Qualification, and is a CFA Charterholder.
Fund Performance
Risk
Company Description
Quote from the Fund Manager
The key theme of this fund is targeting proactive, hands-on real estate managers.

Alex Ross
Co-Manager
Investment process
Premier Pan European Property Share's universe is the approximately 150 property stocks listed in the UK and Europe, spread across diverse geographic regions and real estate sub-sectors. Companies in the fund’s universe are categorised by a quality ranking. They are assessed on a number of different factors, amongst which are the quality of management, corporate governance, sustainability and rental income defensiveness, and growth potential. Companies that are actively managing their portfolios and improving and enhancing their properties are preferred. Alex will also consider the level of leverage and how a company is financed. Valuation is considered on a relative basis and Alex will take advantage of share price volatility to trade the portfolio.
Risk
Premier Pan European Property Share fund is totally unconstrained by any benchmark and the manager can take large positions if he sees opportunities. This can add risk to the portfolio, although it is intended to create considerable value through a full market and economomic cycle.
ESG
ESG - Integrated
Premier Miton as a firm believes managers should have the autonomy to make their own investment decisions based on the inputs available to them, and therefore have no house view on ESG limitations. It does however believe that ESG considerations should be fully integrated into the investment process and considered alongside financial factors. This allows the managers to then make a call as to what level of risk they are prepared to take. With this fund, Alex primarily focuses on the supply and demand factors behind a property and its sector. He will also consider the environmental sustainability behind each company to ensure there will not be excessive costs in either running a building or having to upgrade it. Governance is also a major factor, with honest, disciplined management teams essential in an asset class with such long term assets and therefore long risk exposures.