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news and press Press releases a.s.r. Asset Management launches mortgage fund
Press Utrecht 06 June 2017 07:00 EU/Amsterdam

a.s.r. Asset Management launches mortgage fund

a.s.r. Asset Management, a.s.r.’s asset management business, has launched the ASR Hypotheekfonds, a mortgage fund that will give participants the opportunity to invest in Dutch residential mortgages. The planned size of the fund in due course is a few billion euros. The first clients have already joined.

The mortgages included in the ASR Hypotheekfonds are newly to be originated a.s.r. WelThuis mortgages. Participants can choose between two sub-funds, one consisting of mortgages backed by the National Mortgage Guarantee (Dutch acronym: NHG) and the other of mortgages without this guarantee. This is how investors can choose for themselves which risk/return ratio to accept.

a.s.r. has decades of experience as a mortgage lender. In 2016, a.s.r. sold WelThuis mortgages worth € 1.3 billion. In total, a.s.r. has over € 7 billion worth of mortgages on its balance sheet. a.s.r. itself carries out the acceptance process and portfolio management.

Jack Julicher, Chief Investment Officer at a.s.r.: ‘Mortgages are an attractive investment proposition for institutional investors, from the perspective of asset class diversification. a.s.r. has been a stable and accredited player in the Dutch mortgage market for the past 80 years. Starting today, investors can leverage the expertise we have built up over many years.’

asr asset management Mortgages
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