UK - Global real estate posted returns of 6.2% in January 2004, as demonstrated by the European Public Real Estate Association/National Association of Real Estate Investment Trusts (EPRA/ NAREIT) Global Real Estate Index.
This comfortably beat equivalent returns for global equity and global bonds, which managed just 3.2% and 63bp respectively.
Asia was the star performer adding returns of 10.8%, compared with 5.7% for North America and 2.4% for Europe (returns are expressed in euros).Asia’s strong performance was powered by Hong Kong, with a rise of 18% in January of the EPRA/NAREIT Hong Kong Index.
Taken over a five year period, global real estate returns look even more impressive: average returns were 15% a year, against a decline of 2.2% for equities and a rise of 5.5% for bonds.
Errors in the Competition and Markets Authority's (CMA) data analysis make its provisional decision on the investment consultants market investigation "flawed", and lacks an "adequate evidential basis" to impose remedies, Mercer has said.
Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.