Lured by higher income levels, multi-asset managers have been moving back into property for the first time since the financial crisis. But are there still gains to be made? Cherry Reynard reports.
Could investors be starting to forgive the property sector after its dramatic boom and bust in 2007-2008? There are signs that a number of multi- asset managers are moving back to the sector after it has spent five years on the equivalent of the investment naughty step. But how are they accessing it? And, after some solid performance, are there still gains to be made? Among those moving back into commercial property has been Mark Burgess, chief investment officer at Threadneedle, who says that the asset class has been the one area not yet to benefit from the vogue for yielding assets. “T...
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