THE fundamentals for Asian property equities remain robust, according to Chris Reilly, manager of the Henderson Horizon Asia-Pacific Property Equities fund.
Underpinned by broad-based investor interest, and despite the volatility seen in June and July, the asset class has performed well so far this year, he says. He added: “We think that the recent weakness in certain Asian property sectors is welcome, as some valuations had become stretched. We intend to take advantage of lower share prices to build exposure to sectors and themes that we expect can deliver above-average growth.” Strong investment demand and impressive rental growth in the region has provided impetus for more IPOs and secondary market placements, as well as increasing M...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes