New Star has launched a Real Estate hedge fund for recent recruit Robin White. The portfolio, which...
New Star has launched a Real Estate hedge fund for recent recruit Robin White. The portfolio, which came to market earlier this month, will invest in global real estate securities with a pan-European focus. Targeting 30 and 60 positions, White aims to provide absolute returns in real estate cycles by exploiting pricing inefficiencies in the market and its sub-sectors. He will use sector swaps, funds and derivatives to drive returns. New Star said the core investible universe comprises over 350 stocks with a market cap of $400bn. White added that in view of the recent sell-off in E...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
