A decade ago, a standard real estate investment portfolio was up to 50% exposed to retail properties (in other words shops) - or so we are told.
2019 saw a bond bonanza but fixed income allocations are likely to be more neutral this year, finds Nick Fitzpatrick.
Border to Coast, a £45 billion pension fund pool, recently appointed Pimco to manage a multi-credit fund. Daniel Booth, CIO at the scheme, discusses the fund’s bond allocation with Nick Fitzpatrick.
The Czech Republic has seen strong growth in funds and Bulgaria could follow this year – but in general, the CEE funds industry is at differing stages of development, finds Fiona Rintoul.
Real estate funds are under scrutiny for a lack of liquidity in some vehicles – yet are also hailed as “flavour of the year”. To counter structural problems, portfolios need to reflect a changing world, Alex Rolandi is told.
The FCA’s new rules on property funds came out before the M&G fund suspension in December and now everyone has their own ideas about managing liquidity. Nicholas Pratt reports.
This year’s MIPIM real estate conference in Cannes promises to be important for the UK, Alex Rolandi hears. Plus, investors comment on other European city investments.
A passion for technology shone through from early in the discussion when Bob Currie talked to Stephanie Miller, chief executive officer of service provider Intertrust, about its ambitious plans for the decade ahead.
Multi-asset funds and passive equity funds were the big winners in 2019, but property and active funds were hit hard by outflows. By Edward Glyn, head of global markets at Calastone.
The financial crisis and regulatory change have intensified the focus on risk management for a decade. Our participants reflect on the main changes to the risk landscape and how change has impacted long-term portfolios.
