GLOBAL - Returns for global listed property could be as high as 8-12% over the coming year, according to information released by ING Clarion.
Citing a buoyant global economy which had largely overcome the worst of the effects of the summer’s sub-prime crisis, ING stated that listed property company earnings were estimated to be an average of 1.4% for 2007-08.
In a statement, Ritson Ferguson, MD and CIO at ING Clarion Real Estate Securities said: “On our estimates, listed real estate companies in many parts of the world are trading at discounts to the value of the underlying assets – in fact, by up to 20% in some markets.”
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.