GLOBAL - Schroders has banded with New York-based European Investors Incorporated (EII), real estate investment boutique, to develop global property investment solutions for institutional and retail investors.
The first product, to be launched during the second of third quarter of the year, will be a global property securities fund, available both though Schroders UK retail unit trust range and the Schroder International Selection Fund, a Luxembourg domiciled SICAV.
William Hill, head of property at Schroders, said: “As the scale of property investment has grown it is a natural progression for investors to look to international property markets to diversify risk.”
EII are specialists in REIT management within the US and globally, currently managing more than £1bn in property, both securities and direct.
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