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

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.

Interview: Money needs a place to go

Mar 11, 2019

Peng Fei, chief investment officer at Wanwei Asset Management, tells Romil Patel about allocating capital across risk factors when asset performance is uncertain and unpredictable.


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.

Singapore roundtable: A money magnet

Mar 11, 2019

Our panel discussed why the Singapore Variable Capital Company makes them bullish, what gives the onshore jurisdiction an offshore feel and “blood on the streets” from China’s slowdown. Chaired by Romil Patel in Singapore.