Funds of funds deliver 6.7% returns in 2018

Increase_graphFunds of funds saw a sixth consecutive year of positive performance in 2018, delivering returns of 6.7%, according to the Anrev, Inrev and NCREIF Fund Manager Survey 2019. The figure is down from 2017 returns of 8.4%. In terms of regional funds of funds investing, Asia Pacific delivered the lowest returns of 1.3 last year – a sharp decline from 12.8% in 2018. Funds of funds with a European strategy delivered returns of 6.6%. The survey showed that at least one in five institutional investors plan to increase or maintain their allocation to funds of funds over the next two years. Globally, total real estate assets under management (AuM) reached $31.5 billion – a rise on the $25.3 billion average since 2016. “This year’s study further strengthens the funds of funds’ proposition as an important vehicle within the non-listed real estate space, with continued positive returns for investors,” said Amélie Delaunay, director of research and professional standards at Anrev. “Given their diverse investment in funds, joint ventures, club deals and debt funds, funds of funds have become excellent conduits for global real estate investment strategies, offering significant sector and regional diversification options,” Delaunay added. ©2019 funds global asia

Executive Interviews

Executive interview: Timing the market

Oct 17, 2019

Amy Cho, Schroders’ Hong Kong chief executive and regional head of intermediary clients, tells Romil Patel about Hongkongers’ love of investing, staying nimble in a volatile market and following...

Interview: Asia’s sweet spots

Jul 05, 2019

As the US-China trade war ramps up with a hike in levies, Tai Hui, chief market strategist for Asia-Pacific at JP Morgan Asset Management, tells Romil Patel where he identifies investment value.


Roundtable: Priming for Asia’s growth

Oct 17, 2019

Panellists discuss expanding product capability across Asia-Pacific, the opportunities and regulatory challenges around data and the prospects for ETFs in the region. Chaired by Romil Patel in Hong Kong.

ESG roundtable: Are the ESG stars aligning across Asia?

Jul 05, 2019

Our panel of experts discusses driving higher ESG asset allocation in Asia, growing calls to address the global climate crisis and the importance of governance. Chaired by Romil Patel in Hong Kong.