Property is thrift

With equity returns staying stubbornly low, pension funds have been forced to reconsider investing in property. What had become an unfashionable asset class in many major markets has turned out to be the best performer of the past decade.

Fund managers realize property has been performing for years

PENSION FUNDS ARE showing renewed interest in property as an asset class as the expectation of stunning equity returns fades. In difficult times these funds have been forced to refocus on asset liability management and have learnt the hard way that a diversified portfolio is a prerequisite of good performance.

Investors are therefore keen to consider alternative investments and property is beginning to receive the attention that is its due.

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