Selecting the right real estate approach
|
|
- Neil Abraham Shepherd
- 5 years ago
- Views:
Transcription
1 April 2016 Schroder Real Estate For professional investors only. Not suitable for retail clients. Selecting the right real estate approach
2 Schroder Real Estate Highlights 13.1 billion 75% assets outperforming ( 17.8bn / US$19.3bn) of gross real estate asset under management* Broad range of investment strategies over 3 years** Independent fund manager 45 years experience Over 120 people globally of managing real estate Award-winning performance Source: Schroders, at 31 December Performance measured against its official benchmark (this may or may not include fees). * ** Active management from Schroders managing real estate Winner 2015 SREIT Winner 2015 WELPUT
3 Selecting the right real estate approach 3 St James Square, London Schroder Real Estate has a range of products and services to meet the needs of professional investors. This brochure is designed to help determine the most appropriate solution to meet different requirements. There are many ways to access real estate. Each investor will have their own preferences so a good starting point is to consider which attributes matter most. The three factors that are typically most important are the size of investment, the desire for control and the need for liquidity. The priority of these will determine how an investor implements their decision. 1
4 Important attributes to consider Size of investment Real estate is a physical asset where the value of a commercial property is often measured in millions of, or US$. While large investors can buy property assets directly, for most institutions investing less than 50 million ( 70/$80 million), in a diversified portfolio of direct real estate is not practical. In certain sectors such as central London offices, the threshold maybe much higher. As individual buildings are not divisible, many investors buy funds which pool capital to acquire single assets or portfolios of assets. Collectively, the pooled capital provides sufficient scale to make an investment with an attractive risk profile. Control One of the benefits of direct investment in commercial property is that it comes with control. This includes the ability to sell the property when required; to select tenants and to manage the building. As a physical asset, regular investment is required to maintain and enhance value, which requires the resources and skill to manage real estate. Not all investors making large allocations will want to buy property directly and an indirect pooled approach is attractive and appropriate for those who do not wish to be actively involved in property management. 2
5 City Tower, Manchester Liquidity The direct real estate market is illiquid, with sales of commercial properties taking months, not days to complete. Unlisted pooled funds often provide greater liquidity with regular dealing dates. Often an active secondary market is available which allows holdings to be traded directly between buyers and sellers. For investors wanting or needing a greater degree of liquidity, listed Real Estate Investment Trusts (REITs) or other property companies may be the most suitable means of gaining exposure. Though these investments are typically more volatile than direct real estate in the short term, over the medium term they offer a relatively high correlation of returns with direct property markets. Other factors Additional factors which are not general to a particular style of implementation, but which will condition the specific selection of a real estate allocation include: Investment objective Diversification Gearing. 3
6 55 Bishopsgate, London
7 Summary of priorities and solutions Size > 50m: Direct/joint venture/ separate account/ pooled fund < 50m: Pooled fund/ Real Estate Capital Partners Control High control: Direct/joint venture/ separate account Lower control: Pooled fund/ Real Estate Capital Partners Liquidity High liquidity: Real Estate Investment Trusts (REITs)/property securities Least liquidity: Direct/joint ventures Moderate liquidity: Pooled fund/ Real Estate Capital Partners Investors should seek professional advice before making an investment. 5
8 S C H R O D E R R E A L E S T A T E A P P R O A C H E S Further information Tom Dorey +44 (0) tom.dorey@schroders.com Schroder Real Estate Investment Management Limited 31 Gresham Street London EC2V 7QA +44 (0) realestate@schroders.com About Schroders billion ( billion/ US$462.1 billion) managed across equities, fixed income, multi-asset, alternatives and real estate. An extensive global network of 3,700+ employees. 38 offices in 28 countries across Europe, the Americas, Asia, Middle East and Africa. Over 200 years experience of investment markets. Source: Schroders, at 31 December Important information: For professional investors only. Not suitable for retail clients. The views and opinions contained herein are those of Schroder Real Estate Product Team, and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. Reliance should not be placed on the views and information in the document when taking individual investment and/or strategic decisions. The risks associated with investments in securities of companies principally engaged in the real estate industry include: the cyclical nature of real estate values; risks related to general and local economic conditions; overbuilding and increased competition; increases in property taxes and operating expenses; demographic trends and variations in rental income; changes in zoning laws; casualty or condemnation losses; environmental risks; regulatory limitations on rents; changes in neighbourhood values; related party risks; changes in the appeal of properties to tenants; increases in interest rates; and other influences of capital markets on real estate. Generally, increases in interest rates will increase the costs of obtaining financing, which could directly and indirectly decrease the value of the Fund s investments. The real estate market has, at certain times, not performed in the same manner as equity and bond markets. As the real estate market frequently performs, positively or negatively and without any correlation to the equity or bond markets, these investments may affect the performance of the Fund either in a positive or a negative manner. Issued by Schroder Real Estate Investment Management Limited, 31 Gresham Street, London EC2V 7QA. Registration No England. Authorised and regulated by the Financial Conduct Authority. For your security, calls may be recorded or monitored. w48629
Schroder Real Estate Capital Partners
Schroder Real Estate Capital Partners June 2017 For professional investors only. Not suitable for retail clients. Schroder real estate highlights 12.4 billion ( 14.1bn / US$ 16.1bn) of gross real estate
More informationInsurance Asset Management
Insurance Asset Management September 2017 For professional investors only. Not suitable for retail clients Insurance Asset Management is a hub of expertise within Schroders, connecting insurance clients
More informationFor professional investors and advisers only. Schroder UK Property Fund Interim Unaudited Consolidated Financial Statements.
For professional investors and advisers only Schroder UK Property Interim Unaudited Financial Statements 1 Schroder UK Property Interim Unaudited Financial Statements REPORT OF THE AUTHORISED CORPORATE
More information12 Months to 31 March 2012
For professional investors only. Not suitable for retail clients. Schroder Exempt Property Unit Trust UK Property Market Review The past year has proven challenging for the high street, and this became
More informationSchroder UK Real Estate Fund (SREF) Q March 2018
Marketing material for professional investors or advisers only Schroder UK Real Estate Fund (SREF) Q1 2018 31 March 2018 Investment objective Performance analysis The Fund objective is to outperform its
More informationSchroder UK Real Estate Fund Feeder Trust Interim Unaudited Financial Statements
170135 Schroder UK Real Estate Interim_170135 Schroder UK Real Estate Interim 15/12/2017 16:35 Page a Schroder UK Real Estate Fund Feeder Trust Interim Unaudited Financial Statements 30 September 2017
More informationSUMMARY PROSPECTUS. June 28, 2017
SUMMARY PROSPECTUS June 28, 2017 REMS INTERNATIONAL REAL ESTATE VALUE-OPPORTUNITY FUND INSTITUTIONAL SHARES* (Ticker: REIFX) PLATFORM SHARES (Ticker: REIYX) Z SHARES (Ticker: REIZX) * Prior to June 28,
More informationSchroder UK Real Estate Fund Interim Unaudited Consolidated Financial Statements
Schroder UK Real Estate Fund Interim Unaudited Consolidated Financial Statements 30 September 2017 For professional investors and advisers only Contents Governance Report of the Authorised Corporate Director
More informationContinental European real estate
October 216 For professional investors only. This material is not suitable for retail clients 1 Schroders Insurance Asset Management Insurance Strategy Continental European real estate The right time to
More informationSUMMARY PROSPECTUS. May 1, 2018
SUMMARY PROSPECTUS May 1, 2018 REMS REAL ESTATE INCOME 50/50 FUND INSTITUTIONAL SHARES (Ticker: RREIX) PLATFORM SHARES (Ticker: RREFX) Z SHARES (Ticker: RREZX) Before you invest, you may want to review
More informationFor professional investors or advisers only. Schroders. Defined Contribution Services. Advanced. pension products
For professional investors or advisers only Schroders Defined Contribution Services Advanced pension products Experience and advanced thinking Schroders has significant experience of managing DC assets
More informationSchroder UK Real Estate Fund (SREF) Q June 2018
Marketing material for professional investors or advisers only Schroder UK Real Estate Fund (SREF) Q2 2018 30 June 2018 Investment objective Performance analysis The Fund objective is to outperform its
More informationSUMMARY PROSPECTUS. May 1, 2018
SUMMARY PROSPECTUS May 1, 2018 REMS INTERNATIONAL REAL ESTATE VALUE-OPPORTUNITY FUND INSTITUTIONAL SHARES (Ticker: REIFX) PLATFORM SHARES (Ticker: REIYX) Z SHARES (Ticker: REIZX).Before you invest, you
More informationMirae Asset Global Investments (Hong Kong) Limited Trustee:
PRODUCT KEY FACTS 10 June 2013 This is an exchange traded fund. This statement provides you with key information about this product. This statement is a part of the Prospectus. You should not invest in
More informationMarketing material. A guide to multi-manager investing
Marketing material A guide to multi-manager investing What is multi-manager investing? Multi-manager funds invest in a selection of individual funds to form a complete portfolio in one package. They re
More informationIf you would like more information, please call our Investor Services Team on or visit us online at
This guide has been created to make investment literature easier to understand and to clarify some of the more common terms. Emphasis has been placed on clarity and brevity rather than attempting to cover
More informationSANLAM EQUITY ALLOCATION FUND. Supplement to the Prospectus dated 27 February 2018 for Sanlam Universal Funds plc
SANLAM EQUITY ALLOCATION FUND Supplement to the Prospectus dated 27 February 2018 for Sanlam Universal Funds plc This Supplement contains specific information in relation to Sanlam Equity Allocation Fund
More informationSchroders Global Equity Solutions for Defined Contribution
August 2011 For professional investors and advisors only. Not suitable for retail clients. Schroders Global Equity Solutions for Defined Contribution Global Equity Solutions Active vs passive Why active
More informationAviva Investors Global Real Estate. Worldwide capabilities. Infinite possibilities.
Global Real Estate Worldwide capabilities. Infinite possibilities. This document is for investment professionals and/or qualified investors only. The content is not to be viewed by or used with retail
More informationSchroder Exempt Property Unit Trust Quarter Report
30 September 2010 For professional investors only. Not suitable for retail clients. Schroder Exempt Property Unit Trust Quarter 3 2010 Report www.schroders.com/seput Schroder Property Investment Management
More informationPRINCIPAL LIFETIME HYBRID COLLECTIVE INVESTMENT FUNDS DISCLOSURE DOCUMENT
PRINCIPAL LIFETIME HYBRID COLLECTIVE INVESTMENT FUNDS DISCLOSURE DOCUMENT Information provided in this summary is as of October 3, 2017. This summary includes key information about the Collective Investment
More informationDescription. As above, except the periodic coupons and face value are indexed to inflation.
Investing at IW&I Our Investment Offering and s Against each class of investment we have included a risk rating based on in order to assist you in understanding how these assets perform in different market
More informationSchroders Institutional Investor Study Institutional perspectives on sustainable investing
Schroders Institutional Investor Study Institutional perspectives on sustainable investing Contents 3About this survey 4Executive summary 5Strong outlook for sustainability 6Bumps in the road 11 Focus
More informationSchroders. Top 10 tips for de-risking. De-risking goals for your defined benefit pension scheme. For professional investors only
Schroders Top 10 tips for de-risking De-risking goals for your defined benefit pension scheme For professional investors only What is the goal of your de-risking plan? A buy-out of the liabilities? Or
More informationRETIREMENT ACCOUNT FUND SUPERMARKET INVESTOR S GUIDE
RETIREMENT ACCOUNT FUND SUPERMARKET INVESTOR S GUIDE USING OUR FUND SUPERMARKET, YOU CAN INVEST IN A RANGE OF MANAGED COLLECTIVE INVESTMENT FUNDS, INCLUDING OPEN ENDED INVESTMENT COMPANIES (OEICS) AND
More informationSanford C. Bernstein Fund, Inc. Overlay B Portfolio Ticker: Class 1 SBOOX; Class 2 SBOTX
Global Wealth Management AunitofAllianceBernsteinL.P. SUMMARY PROSPECTUS January 31, 2013 Sanford C. Bernstein Fund, Inc. Overlay B Portfolio Ticker: Class 1 SBOOX; Class 2 SBOTX Before you invest, you
More informationPortfolio construction for 2015
Portfolio construction for 2015 Schroders Insurance Asset Management Investment Seminar 2014 Paul Forshaw Head of Insurance Asset Management For professional investors only. This material is not suitable
More informationSchroders Insurance-Linked Securities
October 2015 For professional investors or advisers only. Not suitable for retail clients. Schroders Insurance-Linked Securities Advised by Secquaero Advisors AG Schroders Insurance-Linked Securities
More informationSchroder Real Estate Fund of Funds Continental European Fund II (CEF II)
31 March 2015 Schroder Real Estate Fund of Funds Continental European Fund II (CEF II) Quarter 1 2015 Target return Fund NAV To provide Unitholders with an IRR of 8-10% per annum over the life of the Sub-fund,
More informationSanford C. Bernstein Fund, Inc. Tax-Aware Overlay A Portfolio Ticker: Class 1 SATOX; Class 2 SATTX
Global Wealth Management A unit of AllianceBernstein L.P. SUMMARY PROSPECTUS January 31, 2013 Sanford C. Bernstein Fund, Inc. Tax-Aware Overlay A Portfolio Ticker: Class 1 SATOX; Class 2 SATTX Before you
More information31 December 2012 For professional investors only. Not suitable for retail clients
Schroders Quarter 4 2012 Report Executive summary The global economy picked up in the second half of 2012, boosted by the belief in the reduced risk of a eurozone break-up, US fiscal cliff and Chinese
More informationPrincipal Real Estate Investors, LLC ADV Part 2A 801 Grand Ave Des Moines, IA Phone:
Principal Real Estate Investors, LLC ADV Part 2A 801 Grand Ave Des Moines, IA 50309 Phone: 800-533-1390 www.principalglobal.com March 30, 2017 This brochure provides information about the qualifications
More informationRETIREMENT ACCOUNT SHARE DEALING GUIDE
RETIREMENT ACCOUNT SHARE DEALING GUIDE INTRODUCTION Scottish Widows have teamed up with Stocktrade to provide a facility for Retirement Account customers to buy and sell listed securities within their
More informationBT Investor Choice Funds
BT Investor Choice Funds Product Disclosure Statement Dated 1 July 2013 Westpac Financial Services Ltd ABN 20 000 241 127 Australian Financial Services Licence No. 233716 We recommend that you read this
More informationSchroder UK Real Estate Fund (SREF) Q September 2018
Marketing material for professional investors or advisers only Schroder UK Real Estate Fund (SREF) Q3 2018 30 September 2018 Investment objective Performance analysis The Fund objective is to outperform
More informationPRODUCT KEY FACTS Mirae Asset Horizons Exchange Traded Funds Series- May 2018 Issuer: Mirae Asset Global Investments (Hong Kong) Limited This is an exchange traded fund. This statement provides you with
More informationBaron Real Estate Income Fund Retail Shares : BRIFX Institutional Shares : BRIIX R6 Shares : BRIUX
Summary Prospectus April 30, 2018 Baron Real Estate Income Fund Retail Shares : BRIFX Institutional Shares : BRIIX R6 Shares : BRIUX Baron Select Funds BARON F U N D S Before you invest, you may want to
More informationPRODUCT HIGHLIGHTS SHEET
Prepared on 28 September 2018 This Product Highlights Sheet is an important document. It highlights the key terms and risks of this investment product and complements the Prospectus 1. It is important
More informationSchroder UK Property Fund
Schroder UK Property Fund Core UK commercial property Portfolio update Open-ended property funds Schroder UK Property Fund (SPF) targets a blend of income and capital growth through investment in a diversified
More informationFor professional investors and advisers only. Schroder International Selection Fund. Global Multi-Asset Income. Focusing on Income
For professional investors and advisers only Schroder International Selection Fund Global Multi-Asset Income Focusing on Income Demand for a reliable and well-diversified income stream has never been stronger,
More informationExploring Complementary Investment Opportunities: Real Estate Investment Trusts
Exploring Complementary Investment Opportunities: Real Estate Investment Trusts 1 Traditional Investments: Stocks Bonds Treasuries Annuities Common Alternative Investments: Real Estate Investment Trusts
More informationThe value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Active Exchange and Traded passive Funds investing (ETFs) What Understanding you need index to know ETFs and how they work This guide has been produced for educational purposes only and should not be regarded
More informationSchroder UK Real Estate Fund Interim Unaudited Consolidated Financial Statements
168477 Schroders SREF 2016 Interim Report Cover_168477 Schroders SREF 2016 Interim Report Cover 15/12/2016 16:22 Page 1 Schroder UK Real Estate Fund Interim Unaudited Consolidated Financial Statements
More informationPrivate Rented Sector - the rise of Generation Rent
Sector - the rise of Generation Rent Ownership of purpose built and professionally managed residential property developments Investment Case KPMG Investment Advisory Real Assets Research August 2018 Executive
More informationDefining prime, secondary and tertiary property
September 1 For professional investors and advisers only. Not suitable for retail clients Schroder Property How resilient is secondary property? Introduction Mark Callender, Head of Property Research The
More informationTHE LOCAL AUTHORITIES PROPERTY FUND
HIGHER INCOME FOR LOCAL AUTHORITIES THE LOCAL AUTHORITIES PROPERTY FUND Increasing your income, diversifying your risk The Local Authorities Property Fund A pooled investment fund, managed by CCLA, created
More informationINVESTMENTS. The M&G guide to. property. Investing Bonds Property Equities Risk Multi-asset investing Income
INVESTMENTS The M&G guide to property Investing Bonds Property Equities Risk Multi-asset investing Income Contents What is commercial property? 3 The benefits of investing in commercial property 4 Property
More information12 Months to 31 March 2014
Schroder UK Property Fund UK Property Market Review Performance Over the last year the recovery in the UK economy has gathered pace. Employment continues to strengthen, business surveys remain positive
More informationMaximise. European Dividend Maximiser Global Dividend Maximiser. your income. Schroder International Selection Fund
For professional investors and advisers only Schroder International Selection Fund European Dividend Maximiser Global Dividend Maximiser Maximise your income Generating income in a low yield environment
More informationAltegris/AACA Opportunistic Real Estate Fund
Altegris/AACA Opportunistic Real Estate Fund A: RAAAX C: RAACX I: RAAIX N: RAANX 1-877-772-5838 www.altegris.com Summary Prospectus May 1, 2018 Before you invest, you may want to review the Fund s prospectus,
More informationPRINCIPAL VARIABLE CONTRACTS FUNDS, INC.
PRINCIPAL VARIABLE CONTRACTS FUNDS, INC. Class 1 and Class 2 Shares ("PVC" or the "Fund ) The date of this Prospectus is May 1, 2017, as revised May 2, 2017 and previously supplemented on May 2, 2017.
More informationAsgard Employee Super Account - Ernst & Young
Asgard Employee Super Account - Ernst & Young Part Investment Additional Information Booklet Part Investment Issued: July 7 About this Additional Information Booklet This document is Part of the Additional
More informationAMP Capital Advantage Core Infrastructure Fund
AMP Capital Advantage Core Infrastructure Fund Product Disclosure Statement Issued 15 January 2018 Issued by AMP Capital Funds Management Limited ABN 15 159 557 721 AFSL 426455 Contents About AMP Capital
More informationFor professional investors and advisers only. Schroders. Liquid Alternatives
For professional investors and advisers only Schroders Liquid Alternatives Introduction What are liquid alternatives? 4 How do they work? 5 Performance characteristics 6 How to apply liquid alternatives
More informationAsset allocation achieving the right mix
Asset allocation achieving the right mix Learning outcomes The objective of the presentation is to help develop your understanding of: The benefits and drawbacks of a range of asset allocation styles The
More informationFossil fuels: Divestment or dialogue? Belinda Gan Sustainable Investment team
Fossil fuels: Divestment or dialogue? Belinda Gan Sustainable Investment team Agenda Fossil fuels: Divestment or dialogue? 1 Divestment: what are the catalysts, challenges and considerations? 2 3 Dialogue:
More informationTotal Income+ Real Estate Fund
PROSPECTUS Total Income+ Real Estate Fund Class A Shares (TIPRX) and Class C Shares (TIPPX) of Beneficial Interest $2,500 minimum purchase for regular accounts $1,000 minimum purchase for retirement accounts
More informationNORTH YORKSHIRE PENSION FUND INVESTMENT STRATEGY STATEMENT
NORTH YORKSHIRE PENSION FUND INVESTMENT STRATEGY STATEMENT TABLE OF CONTENTS Section Page 1 INTRODUCTION 2 2 OBJECTIVES OF THE FUND 2 2 INVESTMENT OF MONEY IN A WIDE VARIETY OF INVESTMENTS 2 3 THE SUITABILITY
More informationPress Schro. oders. 2 August Half-year. results to. Contacts: Net inflows. 2.7 billion. Schroders. ions. William Clutterbuck
Press s Releasee Schro oders plc Half-year results to 2012 (unaudited) 2 August 2012 Profit before tax 177..4 million (H1 : 215.7 million) Earnings per share 50.7 pence per share (H1 : 60.7 pence per share)
More informationSchroder Multi-Manager Cautious Managed Fund. Interim Short Report 1 October 2013 to 31 March 2014
Schroder Multi-Manager Cautious Managed Fund Interim Short Report 1 October 2013 to 31 March 2014 Schroder Multi-Manager Cautious Managed Fund Review of Investment Activities From 30 September 2013 to
More informationNORTH YORKSHIRE PENSION FUND STATEMENT OF INVESTMENT PRINCIPLES
NORTH YORKSHIRE PENSION FUND STATEMENT OF INVESTMENT PRINCIPLES TABLE OF CONTENTS Section Page 1 INTRODUCTION 2 2 INVESTMENT DECISION MAKING PROCESS 2 3 TYPES OF INVESTMENTS TO BE HELD 2 4 BALANCE BETWEEN
More informationALLIANZ REAL ESTATE REAL ESTATE INVESTMENTS FROM A GLOBAL INVESTOR S PERSPECTIVE
ALLIANZ REAL ESTATE REAL ESTATE INVESTMENTS FROM A GLOBAL INVESTOR S PERSPECTIVE Investors Forum 2018 Alexander Gebauer CEO Western Europe Brussels, January 18 th 2018 Vertigo, Luxembourg AGENDA 01 at
More informationThe decision tree starts with the determination of whether public
Where Does Diversified Real Estate Exposure Live? Artivest The Alternative Reality Avenues for access The decision tree starts with the determination of whether public or private options (or both) would
More informationPROSPECTUS SUMMARY. The Fund
The Total Income+ Real Estate Fund (the Fund ) is a continuously offered, non-diversified, closed-end management investment company that is operated as an interval fund. The Securities and Exchange Commission
More informationINVESTMENTS. The M&G guide to. equities. Investing Bonds Property Equities Risk Multi-asset investing Income
INVESTMENTS The M&G guide to equities Investing Bonds Property Equities Risk Multi-asset investing Income Contents What are equities? 3 How you could make money from equities 4 Understanding how equities
More informationSCOTTISH WIDOWS PREMIER PENSION INVESTMENT APPROACHES CONCEPT AND DESIGN
SCOTTISH WIDOWS PREMIER PENSION INVESTMENT APPROACHES CONCEPT AND DESIGN INTRODUCTION BUILDING ON THE SCOTTISH WIDOWS PENSION INVESTMENT APPROACHES, THE PREMIER PENSION INVESTMENT APPROACHES AIM TO OFFER
More informationPROSPECTUS Total Income+ Real Estate Fund
PROSPECTUS Total Income+ Real Estate Fund Class A Shares (TIPRX) of Beneficial Interest $2,500 minimum purchase for regular accounts $1,000 minimum purchase for retirement accounts The Total Income+ Real
More informationAMP CAPITAL GLOBAL PROPERTY SECURITIES FUND (UNHEDGED) (Managed Fund)
AMP CAPITAL GLOBAL PROPERTY SECURITIES FUND (UNHEDGED) (Managed Fund) Product Disclosure Statement ASX Code: RENT ARSN: 609 155 606 Dated: 13 May 2016 Issuer and Responsible Entity: BetaShares Capital
More informationGlobal Property Fund. Supplement to the Prospectus. for. NEDGROUP INVESTMENTS FUNDS PLC (an umbrella fund with segregated liability between Sub-Funds)
Global Property Fund Supplement to the Prospectus for NEDGROUP INVESTMENTS FUNDS PLC (an umbrella fund with segregated liability between Sub-Funds) This Supplement contains specific information in relation
More informationSchroder UK Real Estate Fund (SREF) Q September 2017
For professional investors and advisers only Schroder UK Real Estate Fund (SREF) Q3 2017 30 September 2017 Key information As at 30 September 2017 The Fund objective is to outperform its benchmark by 0.5%
More informationSchroders Q1 results. Data Pack. May 2013 For professional investors only. This material is not suitable for retail clients.
Schroders 2013 Q1 results Data Pack May 2013 For professional investors only. This material is not suitable for retail clients. Contents Page Assets under management (AUM) 2 Regional diversification of
More informationPacer Benchmark Industrial Real Estate SCTR ETF. Trading Symbol: INDS NYSE Arca, Inc. Summary Prospectus May 3,
Pacer Benchmark Industrial Real Estate SCTR ETF Trading Symbol: INDS NYSE Arca, Inc. Summary Prospectus May 3, 2018 www.paceretfs.com Before you invest, you may want to review the Pacer Benchmark Industrial
More informationAltera Private Access partners with wealth managers
Altera Private Access partners with wealth managers SUPPORTING FINANCIAL ADVISORS Altera is the ultimate access platform for alternative assets. We offer an objective, unbiased approach to research, coupled
More informationFinancial Institutions Topical Research Series
Financial Institutions Topical Research Series Discount & Online Brokerage Firms: Four Leading Discount Brokerage Firms Expanding their Business Models (Table of Contents) November 29, 2017 TABLE OF CONTENTS
More informationALTERNATIVE INVESTMENT MARKET
ALTERNATIVE INVESTMENT MARKET Introducing the Charlotte Square Tax Friendly Portfolio in the Alternative Investment Market (AIM) Direct Access to Europe s largest and most established stock market for
More informationReal Estate Investment Trusts. Taking a Public and Private Look at Real Estate Allocations
Real Estate Investment Trusts Taking a Public and Private Look at Real Estate Allocations November 2016 Company REITs: Description The Public and Private Side Overview Publicly traded REITs are unique
More informationValuation issues affecting Alternative Funds Presentation at Jersey Funds Association training session
Presentation at Jersey Funds Association i training session Mike Byrne 26 October 2010 PwC Page 1 December2009 Agenda Consideration of the Valuation issues affecting different types of Alternative Funds:
More informationHSBC SUPPORTS HOTTER SHOES SECONDARY BUYOUT
HSBC SUPPORTS HOTTER SHOES SECONDARY BUYOUT HSBC s North West Leverage Finance team has played a key role in the secondary management buy-out of Lancashire footwear company Hotter Shoes. The company has
More informationJPMORGAN INSURANCE TRUST. JPMorgan Insurance Trust Mid Cap Value Portfolio (Class 1 Shares) (the Portfolio )
JPMORGAN INSURANCE TRUST JPMorgan Insurance Trust Mid Cap Value Portfolio (Class 1 Shares) (the Portfolio ) Supplement dated October 22, 2018 to the Summary Prospectus and Prospectus dated May 1, 2018,
More informationIPE Real Estate Global Awards 2018 Category Guidance
IPE Real Estate Global Awards 2018 Category Guidance SILVER REGIONAL AWARDS For each regional award, the judges are looking for the leading real estate investor from that region. Your regional entry should
More informationTrade Finance Fixed Income Strategy
Trade Finance Fixed Income Strategy Highlights Attractive, floating rate returns Diversifies portfolios to reduce reliance on traditional performance drivers Potential for higher absolute returns versus
More informationCenturion Asset Management Income, Stability & Growth
Centurion Asset Management Income, Stability & Growth Who We Are Based in Toronto, Centurion Asset Management Inc. is a Canadian company that owns and manages approximately $1B in total assets. Multi-Residential
More informationAdditional series available. Morningstar TM Rating. Funds in category. Equity style Market cap %
Sun Life Excel Emerging Markets Fund Series A $11.1198 Net asset value per security (NAVPS) as of June 22, 18 $0.0811 0.73% Benchmark MSCI Emerging Markets C$ Index Fund category Emerging Markets Equity
More informationInvesco Van Kampen Real Estate Securities Fund (ACRJX)
Prospectus June 1, 2010 Institutional Class Invesco Van Kampen Real Estate Securities Fund (ACRJX) Go Paperless with edelivery Visit invesco.com/edelivery Invesco Retail SUP-1 111010 Prospectus Supplement
More informationImportant Information about Real Estate Investment Trusts (REITs)
Robert W. Baird & Co. Incorporated Important Information about Real Estate Investment Trusts (REITs) Baird has prepared this document to help you understand the characteristics and risks associated with
More informationWHAT IS A SECONDARY TRANSACTION? DECEMBER 2018 PRIVATE MARKETS INSIGHTS PRIMER SECONDARIES: RISK REDUCTION WITH ATTRACTIVE RETURNS
PRIVATE MARKETS INSIGHTS PRIMER SECONDARIES: RISK REDUCTION WITH ATTRACTIVE RETURNS The private equity secondaries market has thrived in recent years as investors search for sources of potential outperformance,
More informationPensions. Investment Strategy. Statement. Your Guide to the London Borough of Croydon Investment Strategy. Statement
Pensions Investment Strategy Statement 2018 Your Guide to the London Borough of Croydon Investment Strategy Statement As the Administering Authority we have prepared this guide to the Investment Principles
More informationSchroders Interim Results. Michael Dobson Chief Executive. 5 August trusted heritage advanced thinking
Schroders 200 Interim Results trusted heritage advanced thinking Michael Dobson Chief Executive 5 August 200 H 200 overview Net new business 6.bn (H 2009:.8bn) Funds under management 64.0bn (3 Dec 2009:
More informationProperty: a panacea for pension funds?
Property: a panacea for pension funds? Patrick Bone, Head of UK Property Research Traditionally, pension funds have invested in UK commercial property to derive the benefits of diversification from other
More informationFor professional investors and advisers only. Schroder UK Property Fund Short Form Report. For the Period Ended 31 March 2013
For professional investors and advisers only Schroder UK Property Fund For the Period Ended 31 March 2013 Photography: Monks Cross, York Schroders Group Schroders is a global asset management company with
More informationNORTH YORKSHIRE PENSION FUND INVESTMENT STRATEGY STATEMENT
NORTH YORKSHIRE PENSION FUND INVESTMENT STRATEGY STATEMENT TABLE OF CONTENTS Section Page 1 INTRODUCTION 2 2 OBJECTIVES OF THE FUND 2 2 INVESTMENT OF MONEY IN A WIDE VARIETY OF INVESTMENTS 2 3 THE SUITABILITY
More informationZurich Investments Wholesale Funds
Zurich Investments Wholesale Funds Supplementary Product Disclosure Statement Preparation date: 25 July 2011 This document is a Supplementary Product Disclosure Statement (SPDS) for the Zurich Investments
More informationReal estate investible universe
For professional use only Not for Public distribution For one-on-one use only with eligible investors Available only as Private Placement for eligible taxable and tax-exempt Canadian investors Global Real
More informationLincoln Variable Insurance Products Trust
Lincoln Variable Insurance Products Trust LVIP Vanguard Domestic Equity ETF Fund Standard and Service Class 1300 South Clinton Street Fort Wayne, Indiana 46802 Prospectus May 1, 2018 LVIP Vanguard Domestic
More informationASIC RG46 Disclosure. Heathley Keystone Property Fund No. 30. December 2017
ASIC RG46 Disclosure Heathley Keystone Property Fund No. 30 December 2017 TABLE OF CONTENTS The table below outlines where each of the six benchmarks and eight disclosure principles are addressed in this
More informationBaron Focused Growth Fund. Retail Shares : BFGFX Institutional Shares : BFGIX Baron International Growth Fund
Prospectus April 30, 2012 Baron Partners Fund Retail Shares : BPTRX Institutional Shares : BPTIX Baron Focused Growth Fund Retail Shares : BFGFX Institutional Shares : BFGIX Baron International Growth
More informationWhat I intend to cover
FOR INVESTMENT PROFESSIONALS ONLY Advice & the art of claims management Robert Reid Chartered Financial Planner APFS ACII CFP TM TISA Conference 23 rd May 2013 What I intend to cover Selecting suitable
More informationStatement of Investment Principles University of Oxford Staff Pension Scheme (Defined Benefit)
Statement of Investment Principles University of Oxford Staff Pension Scheme (Defined Benefit) Introduction This Statement of Investment Principles (SIP) has been prepared by the Trustee of the University
More informationASIC RG46 Disclosure. Heathley Keystone Property Fund No. 31. June 2017
ASIC RG46 Disclosure Heathley Keystone Property Fund No. 31 June 2017 TABLE OF CONTENTS The table below outlines where each of the six benchmarks and eight disclosure principles are addressed in this document:
More informationAMP CAPITAL CORE PROPERTY FUND
AMP CAPITAL CORE PROPERTY FUND Product Disclosure Statement Personal investors Issued 29 September 2017 Issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235150 CONTENTS About AMP
More information