Ground rent investment 'misguided' - Cardano

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Investments in ground rents are "misguided" and risk locking pension schemes into low returns, warns consultant Cardano, amid on-going interest in using the asset class to match liabilities.

The fiduciary manager and investment adviser said schemes would be better off using inflation swaps to protect their portfolio. Pension schemes have begun turning to "real" assets like ground re...

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