All Real Assets articles in November 2008 (Magazine)
View all stories from this issue.
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Magazine
Dry and dry again
The massive injections of cash into the financial system have not brought forward a recovery in commercial real estate markets, as Lynn Strongin Dodds reports
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Magazine
Pay and display
Do current policies for the remuneration of executive directors of listed property companies deliver value for shareholders? In many cases more transparency and accountability is required, says Phineas Glover
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Magazine
Do your homework
Real estate poses pension funds with varying challenges. Trustees may start with a good knowledge base compared with other asset classes, while overseas markets call for investors with more external expertise. Richard Lowe talks to three funds
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Magazine
Time to shine
The real estate philosophy at AMF Pension is more about concentration than diversification. And with a price correction coming to Sweden, now could be a prime time for equity-rich local investors, Mats Hederos tells Richard Lowe
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Magazine
Know your limits
The level of governance resources at pension funds is one of the leading drivers behind how they approach real estate investments. Richard Lowe talks to schemes about their experiences
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Stand firm
A new survey by the Pensions Management Institute and Prupim offers some good news – UK pension funds are sticking with real estate despite the turmoil in their home market. But as Richard Lowe discovers, more surprising is what they want to see from their investment managers
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Magazine
Unlikely winner
Iceland’s pension funds aren’t in the front line of the crisis but some investments are in grave danger now. Those seeking a safe haven may allocate more to what is tangible – and understandable. Cue real estate. Gail Moss reports
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Magazine
Caution and creativity
In these pressured times Danish pension funds need to do more to convince their boards of the case for real estate investment, Gail Moss finds
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Magazine
Cool Finns unfazed
Allocations are edging upwards in spite of the turmoil. The introduction in Finland of REITs, scheduled for next year, may boost prospects, as Gail Moss reports
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Magazine
Building commitment
In spite of the downturn, Swedish investors are increasing real estate allocations. But the focus is still domestic, finds Lynn Strongin Dodds
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Magazine
Back to basics
The Norwegian Government Pension Fund’s real estate investment is a bright spot in a landscape where most institutions are scaling back their ambitions. Lynn Strongin Dodds reports
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Magazine
Vote of confidence
German insurance companies and pension funds plan further expansion of their real estate portfolios, says Alexander Kähler
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Magazine
Take us to your leaders
This time last year protectionists were slating opaque sovereign wealth funds’ designs on ‘strategic’ infrastructure. Now the question is whether they can still woo these super-liquid investors into pricey property markets. Shayla Walmsley reports
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Magazine
Dans l’intérêt commun
The French Real Estate Association represents its growing international membership across a range of issues and the agenda for the future is packed, as the association’s chairman, Jean-Paul Dumortier reports
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Riding through the storm
Recent months have illustrated the unpredictability of the real estate investment markets. William Hill tells Richard Lowe how Schroder Property dealt with the turmoil of 2007-08 in the UK and is now looking to take advantage of the recovery when it comes
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Magazine
Breadth of potential
Diversification, return enhancement and liability matching are three good reasons why investors should consider property as a key component of their portfolio construction, as Richard Cooper reports
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Flight risk
Economic crisis has not changed pension scheme approaches to risk, but it has increased property portfolio managers’ scrutiny of funds’ risk controls, Shayla Walmsley finds
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Magazine
Reap what you sow
Although far from straightforward, global diversification can result in exposure to higher GDP growth combined with lower volatility, argue Thomas Au, Simon Redman, Kim Politzer and Mark Roberts
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Magazine
Measured approach
In times of uncertainty, when volatility abounds, an understanding of risk is essential equipment in the hunt for returns, says Tony Doherty
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Magazine
Scope narrows
The current market conditions have undermined real estate’s status as a hedge against inflation, but some useful strategies can still be found, as Lynn Strongin Dodds reports