Versus Capital Welcomes Robert Becker as Chief Investment Strategist
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Insights
The appointment of Robert Becker as Chief Investment Strategist at Versus Capital Advisors can be seen as a strategic move to enhance the firm's expertise in real assets investment. Becker's background in managing global listed infrastructure strategies and top-performing utilities funds suggests a potential strengthening of Versus Capital's product offerings in these areas. His experience could translate into more refined investment strategies that may appeal to investors looking for exposure to infrastructure, which is often considered a stable investment due to its essential nature and potential for steady cash flows.
From an investment strategy perspective, Becker's hire could signal Versus Capital's commitment to expanding its real assets portfolio, possibly creating new products that could attract investors aiming for diversification and protection against inflation. This could have implications for the firm's performance and, by extension, its assets under management, which currently stand at $5.0 billion. If Becker's integration into the team leads to innovative strategies and successful fund performance, there might be a positive impact on the firm's reputation and financial growth.
The addition of a high-profile investment professional like Robert Becker to Versus Capital Advisors is noteworthy from a market competition standpoint. Becker's extensive experience in global infrastructure and utilities investing may provide Versus Capital with a competitive edge in the real assets market segment. Given the increasing investor interest in infrastructure, particularly in the context of economic recovery and government spending on such projects, Becker's expertise could prove beneficial in capturing market share from competitors.
Moreover, Becker's involvement in the development of new products could cater to evolving investor demands, potentially leading to an expansion of the firm's clientele. The strategic hire also reflects positively on Versus Capital's growth trajectory, as it has nearly doubled its investment professionals in the past year, which could be interpreted by the market as a sign of robust organizational health and ambition. These factors could indirectly influence investor sentiment and the firm's market positioning.
“We are excited to welcome Bob to the team,” said Mark Quam, Chief Executive Officer of Versus Capital. “He played a part in the emergence of listed infrastructure as an investment strategy, and he brings the skills and experience that come with a successful long-term track record in real assets.”
Robert Becker joins Versus Capital from Eversource Energy, a Fortune 500 diversified utility company. Previously, he spent 18 years at Cohen & Steers, where he was co-founder and co-head of the global listed infrastructure strategy and a portfolio manager for infrastructure securities. Earlier, Robert was a portfolio manager for the Franklin Utilities Fund at Franklin Templeton Investments. He also worked in equity research of global utilities and global transportation companies at Salomon Smith Barney and Scudder, Stevens & Clark, respectively. Robert graduated with a Bachelor of Arts degree in Political Economy of Industrial Societies from the University of
“I am thrilled to be joining the talented and innovative team at Versus Capital,” said Robert Becker. “I look forward to collaborating with my new colleagues in
Versus Capital Advisors LLC manages investment strategies focused on real assets, including real estate, infrastructure, farmland, and timberland. The company had assets under management of
Investors should carefully consider a fund's investment objectives, risks, charges, and expenses before investing. A prospectus with this and other information about each Versus fund may be obtained by visiting the Versus Capital website (versuscapital.com).
View source version on businesswire.com: https://www.businesswire.com/news/home/20240403005298/en/
Mike Quam
Chief Information Officer
(877) 200-1878
Source: Versus Capital Advisors LLC
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