EUROPE - A Eurozone property fund of fund aimed specifically at pension funds and institutional investors has been launched by Arlington Securities.
The launch comes on the back of recently reported greater interest in European property from both domestic and international pension funds.
The Eurozone fund will form part of a larger fund of fund product, which will include a UK fund and an aggressive fund. The structure is aimed allowing investors flexibility to invest in the three sub funds at different levels, depending on risk appetite.
The UK and aggressive funds are due to be launched later on in the year with the overall fund targeting a 10% target return over the life of the fund.
Karin van der Sluijs, funds manager of the Eurozone fund, said: “The growth of the property fund market has led to an increasingly broad range of funds reflecting the diversity of the underlying property sectors and markets in Europe.”
By Alex Beveridge
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