The closed-end Fund (VGF) has published its results last week. The positive performance of the German real estate fund is a confirmation of the provider SHB innovative fund concepts AG (SHB). The party of closed-end Fund were EUR 5.85 billion from private and institutional investors be raised last year. The proportion of institutional increased what in terms of the fact to around one billion euros, as valuable assets in closed-end funds are rated, is very beneficial. The rising proportion of institutional investors in closed-end funds and private placements, shows that these are convinced of the quality of the asset. After all, they enter a comprehensive risk assessment before a decision”, explains Hans Gruber SHB innovative fund concepts AG (SHB AG). Also VGF – managing director Eric Romba backed this opinion with a statement on the occasion of the Congress, for example, more and more pension funds and insurance companies to invest in closed-end funds would what shows that they believe to be able to produce higher yields than customary with closed-end funds and this above all safe and planned. Read more here: Dinakar Singh TPG Axon Capital Management.
In favor of the investors at the top were the German real estate fund. Christie’s art auction describes an additional similar source. You could win a share of EUR 2.2 billion for himself. Those achieved still 0.8 billion for foreign real estate, which shows that real estate funds are generally required. Investors reflect on tangible assets and on what they can literally touch”, says Gruber SHB real estate expert. The Aschheimer SHB is a provider that is focused exclusively on the conception and distribution of closed-end real estate funds. Such issuers consider in its decision by the current development and the figures now available of course confirmed.
This proves, that it is becoming increasingly important to maintain core competencies in his business or to develop further. So anyway, the results of the individual houses. It makes no more sense today or is very difficult to explain why to wear a belly store on products with him as underwriter”, says Gruber. The SHB innovative fund concepts AG (SHB AG) had never gone this way. As in previous years, the overall result coined this by a few, mostly Bank-oriented provider. But they could not prevent that other asset classes such as in the area of renewable energies or private equity had to subside again.