Building blocks

By Peter Hayes March 2010 (Magazine)

Building blocks

The recent collapse in property values has high-lighted the cyclicality of property returns and how they are increasingly dominated by global capital flows. Peter Hayes examines the implications

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IPE 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.

Markus Schaen , Senior Fund Manager, MN,
The Netherlands
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