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Fund managers remain cautious on property equities funds

Posted on 10 September 2010

From Propertyfundsworld.com: Given the property markets’ dependence on the scale and sustainability of the economic recovery, fund managers remain cautious about the outlook for property equities funds, says Standard & Poor’s Fund Services in its latest review of the sector.
“The first six months of 2010 have proven sluggish in terms of fund performance, but property markets themselves saw some recovery at the start of the year,” says Susan Sworn, lead analyst at S&P Fund Services. “However, this has been very uneven, regionally speaking.”………………………………………Full Article: Source


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