Liquidity rules
Liquid assets can have a beneficial or negative impact on fund performance, depending on the direction of the market cycle. Tim Francis and Mark Long explain how investors can manage their real estate portfolios with this in mind and ask whether derivatives offer new solutions
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IPE covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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