Marks the growing importance of asset class to pensions.
The Standard Life Real Estate Fund, managed by Standard Life Investments, has topped $1 billion in assets under management following the recent acquisition of the 8 West skyscraper in Calgary.
Towers Watson recently released its annual Global Alternatives Survey in conjunction with the Financial Times of London, England. The survey, in its ninth year, gathered information on alternatives products offered to investors, including pension funds, sovereign wealth funds (SWFs) and insurance companies, as at the end of 2011.
With equity market volatility persisting and bond yields at depressingly (and historically) low levels, Canadian pension funds have been seeking sources of stable return. One of the asset categories they have been turning to is direct real estate.
More emphasis to go on private placements in infrastructure and real estate
Guardian Capital Group Limited has announced its entry into the direct real estate asset class, appointing Brent Chapman and Stephen Tiller as managing directors of Guardian Capital Real Estate GP Inc.
This is Part 3 in our coverage of Canadian Investment Review’s 2011 Investment Innovation Conference, held at the Fairmont Southampton in Bermuda. Read Part 1: Whither the equity risk premium Read Part 2: Infrastructure investing: A group thing One asset class that may be a source of strong investment returns in the future is real […]
New company will provide pooled funds, segregated account management.
Fiera Properties Limited and Roycom Inc. are merging their businesses in order to create a new real estate investment management company. The company will focus on providing pooled fund and segregated account management services.
David Rogers, partner and founder of Caledon Capital Management, says pension plans of all sizes are looking for ways to reduce the risk from continued volatility in the public markets. For those looking to diversify and replace the returns they were once able to count on from equities, alternatives make sense.