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Liquid real estate Issue 04

Prupim strengthens UK team

Prudential Property Investment Management has hired two directors for its UK asset management team.




Tim Hayns will lead the retail park team and Simon Phipps the shopping centre team.

Mark Boor, director of asset management, says...


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This is a profound ethical issue. These are very sophisticated operations where the counterparty was not a hedge fund – it was not even a financial institution. Should a grocery chain be selling volatility protection?

Guillermo Ortiz, central bank governor, lambasts investment banks for entering FX trades with local retailer Comercial Mexicana which led to Mexico’s monetary authority having to raise over $8 billion to cover positions

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