Latest from IPE Magazine – Page 552
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Features
Singapore searches for the 'X-factor'
When asked if Singapore had the “X-factor” of a top-class, world city, many of its urban planners, architects and developers said “no”. They believed that it was nothing more than a “wannabe” in global terms. Nevertheless, as southeast Asia’s most liquid real estate market and the current hub for the ...
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Features
Does one size fit all?
Blessed with accessible investments worth around £300bn (e 443.2), the UK property market is Europe’s largest, and is also the continent’s most transparent, liquid and diverse. As a result, the market is often the first choice for cross-border investment and so around 15% of it is held by foreign visitors. ...
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Features
The alternative alternatives
Timber It has been much ignored by institutional investors, and yet timber has offered some of the strongest returns of the last decade. The asset class produced an annual compounded return of 12.44% in the period between 1989 and 2003, according to the National Council of Real Estate Investment Fiduciaries ...
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Features
Infrastructure’s long-term payback
Pension funds are trying to spread their investments across a much wider spectrum of asset classes than in the past. More ‘alternative’ products are being offered on the market to meet the insatiable demand from institutions. One area now attracting increasing attention in Europe is infrastructure investment. The term immediately ...
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Features
Leveraged loans: a separate and strategic asset cl
In the last 15 years, the leveraged loans market has first developed in the US and more recently in Europe thanks to the growing participation of institutional investors. Leveraged loans emerge now as a separate and strategic asset class that should be considered in the asset allocation process by any ...
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Features
Intimate world of private placements
Private placements (PPs) are private as opposed to public securities. In the case of PPs, securities are offered directly to a limited number of investors and are exempt from stock exchange listing or public registration and usually unrated. The most common form of private securities are long-term, fixed-rate debt. These ...
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Features
Seeking new sources of return
The first of its kind, the New Sources of Return Survey for 2005 undertaken by asset manager JP Morgan Asset Management, questioned 125 representatives of 120 of the largest US pension plans. Both corporate and public plans were included, as well as a few non-profit, Taft-Hartley, and other plans. Differences ...
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Features
A gamble in long term or safe bet?
Long-term bond yields are a conundrum for US pension funds. They are the culprit for many of the funds’ troubles – having increased the burden of their liabilities and decreased the cash earned on fixed income assets – and they pose a big puzzle: should DB (defined benefit) plans buy ...
