After the stunning rally in January during which the benchmark rose 7.2%, February saw a steady reversal of the start-of-year euphoria. The benchmark corrected by -3.0% and managed only seven positive trading days in the month. However, much of this downward movement evaporates when you look at stock performance in local-currency terms. When viewed in… Read More »
After the correction in late 2018, which totalled -11.2% for pan European real estate equities between September and December (as measured by the Trust’s benchmark FTSE EPRA/NAREIT Developed Europe net total return Index (in sterling), January saw a stunning reversal, with the index rising 7.2%. Every company in our universe made a positive return over… Read More »
Asset TV Investor caught up with Marcus Phayre-Mudge at the annual Winterflood conference on 24th January 2019 to discuss real estate as an asset class in this 3 minute interview.
Global equity markets had a rollercoaster ride in December. Investors were buffeted by macroeconomic concerns coupled with weakening global growth data towards the Christmas break. This concoction culminated in dramatic price movements exacerbated by reduced trading volumes in the holiday period. Real estate equities were no exception, and while the benchmark closed down 3.8% for… Read More »
The correction in global equity markets in October looked set to break with a significant rally in the first two weeks of November however this was followed by a bout of renewed weakness as investors again focused on the key issues of the slowdown in global growth, China/US trade war, Brexit and whether the Fed… Read More »