Pension Fund Real Estate Allocation, Cost and Performance
February 9, 2012 - Investing Expertise, Real Estate, Strategic Allocation
How do pension funds, arguably representative of sophisticated and conservative investors, use real estate as an alternative investment? In their January 2012 paper entitled “Value Added From Money Managers in Private Markets? An Examination of Pension Fund Investments in Real Estate”, Aleksandar Andonov, Piet Eichholtz and Nils Kok investigate the allocation, costs and performance of pension… Keep Reading