While US property investors favour opportunistic bets in Asian unlisted real estate markets, their European and Asian counterparts are more likely to seek different types of exposure, according to new findings from INREV, an association of European investors in unlisted real estate.
Economist’s warning: the past can’t help this time
One of the US’ most renowned economists, Martin Feldstein, Professor of Economics at Harvard University, warns the recovery may be here but it looks very different to past recoveries. He spoke to Amanda White about his outlook for developed and emerging markets.
Hedge fund returns threatened by UCITs structure
Research by EDHEC-Risk Institute reveals fear that structuring hedge funds as UCITS will distort the funds’ strategies and diminish returns.
New Mexico benefits from capturing emerging markets early
The New Mexico Educational Retirement Board returned a whopping 40.4 per cent for the year to the end of March. Amanda White spoke with chief investment officer, Bob Jacksha, about the contributors to the fund’s performance and the asset allocation review scheduled for later this year.
CalPERS to fight lower-return future
Investment staff and four selected consultants expect CalPERS’ returns will be less than the fund’s current 7.75 per cent – a finding on the agenda of a special investment workshop next week, alongside static versus dynamic asset allocation and the use of leveraged bonds.
Callan boosts manager research with minorities focus
Minorities are set to benefit from Callan Associates’ launching of its Callan Connects program to assess emerging managers and minority-, women- and disabled-owned companies (MWDO).
