Managing risk (3)
Focussed stock selection (2)
Westfield is a good example.
Westfield owns high quality assets in primary markets and has very secure cash flows.
In addition, the company has raised substantial new capital so is well poised to take advantage of any opportunities that should arise.
We've increased our holding and it is one of our top quality picks.
Another one of our high quality stocks is SL Green Realty, a US REIT with exposure to the country's strongest office market, Manhattan, New York.
We hold the management team in high regard and have taken the opportunity to increase our exposure while the stock is at significant discounts to valuation
Source: AMP Capital Investors, Australia
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