How can you tell if an asset class is over-valued or even experiencing a bubble? The number of fund ...
How can you tell if an asset class is over-valued or even experiencing a bubble? The number of fund launches probably gives as good an indication as any other. Whereas a year ago new funds were dominated by hedge funds, they have been usurped by property in the past few months. Property funds are not content to focus on core markets like the UK, Western Europe or the US. Recent launches have covered Eastern Europe, the UAE and Shanghai. This is both a sign of investors and managers searching further afield for higher returns and that the bull market in property has occurred in most parts ...
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