The big picture
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Given the illiquidity of private real estate, investors are increasingly recognising the importance of REITs. However, for a meaningful REIT allocation investors must understand the composition of their multi-asset portfolios. Stephen Lee reports
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Â鶹ӳ» covers a good variety of very current and relevant topics. It is good to read the high-level, independent and objective perspectives from pension funds in other European countries; many of them are dealing with the same issues as we are, so it is interesting to learn from their experiences, especially when they are ahead of where we are on the curve.
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