29.12.2015 - Wealth funds invested 60% more in real estate this year
Sovereign funds had invested $1.9 trillion in equities and $900 billion in fixed income and short-term liquid assets at the end of 2014, according to Moody’s. They allocated just $400 billion to alternative investments including real estate, infrastructure, private equity and hedge funds, the ratings company said. Real estate is particularly attractive after it returned an average of 14.1 percent last year for the funds, almost double their 7.4 percent target, according to a survey by Cornell University and advisory firm Hodes Weill & Associates published Dec. 2...............................................Full Article: Source
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