Liquid and Fixed Income Real Estate
Assessing the Impact of COVID-19 Across Real Estate Sectors
Nov 1st, 2020 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Real Estate Equity Investments, Real Assets
By Wu Guowei Jack, CFA – Director of Content, APAC at CAIA Association The COVID-19 pandemic has had a devasting toll on human life, and has impacted economies and industries globally. The effect on real estate is significant, as real estate can be considered a service sector that fulfills end-userRead More
European Green Deal: Towards a Zero-carbon Urban Environment
Oct 8th, 2020 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Natural Resources and Land, Other Issues in Private Investments, Alternative Investments in Context, Real Estate Equity Investments, Private Investments, Real AssetsPart 2: Real Estate Owners: Moral Obligation versus Economic Benefit CHRISTOS ANGELIS, CAIA – Director at Masterdam This is the second article in this series. For Part 1, please click here. EUROPEAN RENOVATION WAVE The European Green Deal (EGD)[i] is paving the way for stricter regulations and more applied measuresRead More
Real Assets ‘Inception:’ Diversification within Diversification
Feb 27th, 2020 | Filed under: Consultants, Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Institutional Investing, Risk management, Asset allocation, Natural Resources and Land, CAIA Alternative Viewpoints, Asset Allocation Models, Operationally Intensive Real Assets, Endowments & Foundations, Institutional Asset Management, Real Estate Equity Investments, Risk Management Strategies & Processes, Real AssetsBy Aaron Filbeck, CFA, CAIA, CIPM, Associate Director, Content Development at CAIA Association Excerpted from the Alternative Investment Analyst Review, Volume 8, Issue 1 The Alternative Investment Analyst Review is the official publication of the CAIA Association. Access to the most current issue is an exclusive benefit of CAIA MembershipRead More
Alternative Investments: Investing By Numbers
Nov 19th, 2019 | Filed under: Real Estate, Private Equity, Debt Types of Private Equity, Liquid and Fixed Income Real Estate, Newly Added, Fintech, Technology, Equity Types of Private Equity, Technology, The A.I. Industry, Real Estate Equity Investments, Hedge Funds, Private Investments, Real Assets, Risk Management & OperationsWhat’s in the future for alternative investments asset management? A new publication from Ernst & Young, London, contends that allocations to alternative investments and are “robust,” but that there is an important shift underway in favor of private equity and at the expense of hedge funds. In 2018, 40% ofRead More
The Case Against REITs
Nov 9th, 2019 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Other Issues in Private Investments, The A.I. Industry, Real Estate Equity Investments, Real AssetsBy Nicolas Rabener of FactorResearch (@FactorResearch) INTRODUCTION Surveys often reveal investor behaviour that is challenging to understand. For example, Preqin’s Alternative Investor Outlook for H2 2019 highlighted the following: 65% of institutional investors believe that real estate is overvalued and a correction likely to occur in 2019, 2020, or beyond.Read More
Real Estate Investing: From Farmland to Berlin
Aug 18th, 2019 | Filed under: Real Estate, Agriculture, Liquid and Fixed Income Real Estate, Newly Added, Farmland, Natural Resources and Land, Other Issues in Private Investments, The A.I. Industry, Real Estate Equity Investments, Private Investments, Real AssetsA new study from Nuveen looks at how to assess properly the value of real estate and farmland. There are four key points: That a “doubleness” of vision is necessary. You need to take a macro view of the investment world and a micro view of the farms and otherRead More
The Illiquidity Premium and the Market for Private Assets
Apr 14th, 2019 | Filed under: Real Estate, Private Equity, Debt Types of Private Equity, Liquid and Fixed Income Real Estate, Newly Added, Asset allocation, Equity Types of Private Equity, Asset Allocation Models, Other Issues in Private Investments, Operationally Intensive Real Assets, The A.I. Industry, Real Estate Equity Investments, Private Investments, Real Assets, Finance & EconomicsThe illiquidity premium is one of the most frequently discussed and hotly disputed subjects in financial economics. Speaking broadly, an investment is not a checking account. One generally cannot just “get the cash back” at a moment’s notice, by visiting some equivalent of an ATM. How long will it takeRead More
Striking the Right Balance: Investing in Real Assets
Apr 11th, 2019 | Filed under: Infrastructure, Liquid and Fixed Income Real Estate, Newly Added, Natural Resources and Land, Operationally Intensive Real Assets, The A.I. Industry, Real AssetsIn creating the real assets portion of a portfolio, investors should consider several risk factors, such as the sensitivity of certain assets to inflation, interest rate changes (duration risk), or the continued availability of finance (illiquidity risk). In a recent publication, Mercer, the world’s largest institutional investment advisor, explains howRead More
Alternative Real Estate Shows Attractively
Mar 28th, 2019 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Operationally Intensive Real Assets, The A.I. Industry, Real Estate Equity Investments, Real AssetsPricewaterhouseCoopers, the London-based professional services network, in conjunction with the Urban Land Institute, has prepared a report on ongoing trends in real estate, which sheds some light on the attractions of alternative real estate. The background to the report is the continued and intensifying consensus that a recession is nigh,Read More
Agtech: Comfort Zones and Value Chains
Dec 11th, 2018 | Filed under: Real Estate, Agriculture, Investing in Commodities, Debt Types of Private Equity, Liquid and Fixed Income Real Estate, Newly Added, Venture capital, Farmland, Equity Types of Private Equity, Natural Resources and Land, Other Issues in Private Investments, The A.I. Industry, Real Estate Equity Investments, Commodities, Private Investments, Real AssetsAn agtech-focused venture firm has issued a report about global VC activity across agtech and its subsectors. The firm, Finistere Ventures, which describes itself as in the business of helping “ambitious founders transform food and agriculture,” collaborated with Pitchbook in preparing the review. Finistere looks specifically at: (a) macro trends,Read More
Intralinks/Global Fund Media Survey of LPs Shows Satisfaction
Sep 25th, 2018 | Filed under: Real Estate, Private Equity, Debt Types of Private Equity, Liquid and Fixed Income Real Estate, Newly Added, Institutional Investing, Equity Types of Private Equity, High-net-worth investors, Other Issues in Private Investments, Endowments & Foundations, The A.I. Industry, Institutional Asset Management, Real Estate Equity Investments, Family Offices, Hedge Funds, Private Investments, Real Assets, Allocating to A.I.Intralinks has once again collaborated with Global Fund Media in a survey of limited partners on their satisfaction with recent results and on how they see global investment opportunities near-term. As to satisfaction: 18% of LPs say that their results from alternative investments have been better than they expected. ARead More
KPMG on Real Estate Funds
May 17th, 2018 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Real Estate Equity Investments, Real Assets, Risk Management & OperationsThe outsourcing of fund administration tasks in real estate is not a new idea. But, as KPMG says in a new paper, the marketplace has been slow to take the administrators up on their offerings. So it may still be the wave of the future even though it has aRead More
The Realities of Real Assets
Apr 3rd, 2018 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Real Estate Equity Investments, Real AssetsA London-headquartered specialist consultant, bFinance, has prepared a report on the trends that have emerged over the last decade in the way both investors and managers think about the real assets in portfolios. There are, the paper says, three trends at work. First, investors are becoming both more sophisticated andRead More
KPMG’s Report Cards on Real Assets
Jan 23rd, 2018 | Filed under: Real Estate, Infrastructure, Liquid and Fixed Income Real Estate, Newly Added, Institutional Investing, Natural Resources and Land, Operationally Intensive Real Assets, Institutional Asset Management, Real Estate Equity Investments, Real AssetsKPMG has posted a new paper looking at the role of real assets (defined as “anything where there is a tangible/physical asset being traded”) within a portfolio, with a focus on opportunities for U.K. based institutional investors, especially pension schemes. It begins with a brief survey of the field. RealRead More
REITs: The Market Bought on Rumor, Sold on News
Dec 13th, 2016 | Filed under: Liquid and Fixed Income Real Estate, Newly Added, Real AssetsReal estate stocks have distinguished themselves from financials to the extent that the former group now has its own Global Industry Classification Standard (GICS) sector. A fair amount of publicity accompanied this change in August, and it catalyzed a white paper from Principal Global Investors on the REIT Breakout. TheRead More
Real Estate: Footloose Money Chasing Cross-Border Deals
Feb 2nd, 2016 | Filed under: Real Estate, Liquid and Fixed Income Real Estate, Newly Added, Real Estate Equity Investments, Real AssetsSavills, a global real estate services provider listed on the London Stock Exchange, has released its annual report on the role that real property plays in the investment world. Here are some of its key points: Real estate assets constitute 60% of the value of all assets worldwide; Residential realRead More