27.11.2008 - Open-ended funds are wrong choice for physical property
From Citywire.co.uk: What is the best structure to invest collectively in physical property? The lesson of the past year is surely that it is not open-ended funds. New Star this week became the latest in a long line of groups which has been forced to suspend redemptions in its property fund. Behind the headlines there is widespread anecdotal evidence that fund management companies across the board have become effectively forced sellers of property assets in order to meet redemptions..... Full Article: Source
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