Property funds now expanding beyond continental europe into Russia, Turkey and the former soviet union states
Fund of funds are the way forward for property investors looking to diversify their portfolio and spread risk. This was the view held by the panellists speaking at the Fund Forum in Monaco last month. During the discussion, Patrick Sumner of Henderson Global Investors, Matthew Ryall of Merrill Lynch Investment Managers, Keith Burman of Brown Brothers Harriman (Luxembourg) and Derek Williams of Russell Investment Group, debated where the 'smart money' was going in real estate investment. Ryall argued that when it came to real estate, fund of funds were the best option. He said: "European...
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