In its report, published on 6 February 2023, Zenith Investment Partners writes: “The fund, managed by Swiss-based LGT Capital Partners (LGT CP), provides investors with exposure to a portfolio of Private Markets, Alternative Income and Liquid Alternatives strategies. LGT CP employs a structured process that combines a Strategic Asset Allocation (SAA) framework with a tactical approach that can capture dislocated opportunities across a range of asset classes. Zenith’s conviction has increased highlighting the quality of the investment team and its ability to generate absolute returns in a range of market conditions.”

Nathan Pensabene, Principal, said: “We are thrilled that LMAAF has received the highest possible rating in only its second year of review by Zenith. We are especially pleased that they recognized LGT CP's reputation and scale in private markets as a competitive advantage and that the strong alignment with our shareholder is a unique differentiator.”

The LGT Multi-Alternatives Australia Fund, which has been established in July 2021, is marketed to wholesale investors based in Australia and New Zealand.

LMAAF aims to generate returns of between 8% to 12% per annum (net of fees) over the medium term with low volatility and correlation with broader equity markets. The fund invests in a portfolio of alternative investments including private equity, private credit, insurance-linked strategies, real estate, infrastructure and liquid alternatives.