Property market must slow

conference

careful allocation of property portfolios is vital as the end of a strong bull run is anticipated

Despite property as an asset class experiencing a strong bull run for the past two years, John Cartwright, manager of the M&G Property Portfolio, feels the market must return to normality in due course. Speaking at the 2006 Senate conference in Monte Carlo, Cartwright pointed out that when the market does begin to slow, it will be far more difficult to add value to a fund, stressing the importance of positioning portfolios in anticipation of this eventuality. That said, he highlighted some of the difficulties involved in finding appropriately priced properties due to the market's recent s...