16.06.2009 - UK residential may be on the up – index fund manager
From IPE: A real estate investment house has claimed investing in UK residential housing “may have turned a corner”, although physical house price rises are still increasing at a very slow rate. Alpha Beta Fund Management has argued the UK housing market could be turning – even thought it still predicts further physical house price falls - as an existing UK house price index, the Halifax House Price Index (HHPI), gained 1.5% so far this year and its own derivatives-based UK residential index fund rose almost 20% within the first five months of this year.......Full Article (Subscription Required): Source
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