Research: country-based real estate funds outperform
When investing in unlisted real estate, funds that focus on a single country or on a separate sector within a country outperform funds that diversify across countries and/or sectors, according to a Cambridge University study. By contrast, real estate funds that focus purely on one sector do not outperform diversified funds. This research was named the best of 2021 by industry body Inrev.
‘Don’t touch AIFMD!’ say asset managers
The AIFMD may not be perfect but it is pretty good, so please don’t reform it after the current on-going review by the Commmission. This was the uniform message from a discussion at the ALFI European Asset Management conference on 16 March.