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IPD: European cross-border property funds underperform US

Posted on 24 June 2011

Pan-European pooled property delivered a total return of 2.2% in the first quarter of 2011, according to the IPD Pan-European property funds index.
The index, now in its second quarter of consultative release, is one of the few indicators for comparable cross-border performance in Europe. Consisting of 18 open-ended funds, worth €11 billion, of which €7.8 billion are specialist and €3.2 billion balanced portfolios, the index’s performance is in line with the UK’s for open ended vehicles, which recorded 1.9% in Q1 2011………………………………………..Full Article: Source


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