000			01478cam a2200253 4500
001			ABS65662
008			020710n2002 000 0 eng u
035			_a(Sirsi) u118763
100			_aEzard, K.
245			_aConquering one's fears
260			_c2002
490			_aEstates Gazette _v(0225) 22 June 2002, 59-62(4)
520			_aLooks at UK institutions who are seeking higher returns by investing abroad. Notes they are very cautious of these new opportunties as many are keen to avoid the bad experiences they may suffered from the last recession. Advises investors should choose indirect vehicles and spread their investments across core, core plus and opportunity funds. Standard Life is about the only UK institution to have a direct pan-European portfolio with other firms considering other indirect vehicles such as limited partnerships. Warns that UK institutions are likely to face higher costs abroad as the European markets are different and investors lack local knowledge. Concludes by arguing that UK firms may have missed the main opportunity to invest in Europe and face strong competition from German funds who have been investing all over Europe.
590			_aABS
650			_aREAL ESTATE
650			_aUK INSTITUTIONS
650			_aINVESTMENT
650			_aINDIRECT INVESTMENT
650			_aSTANDARD LIFE
650			_aCB HILLIER PARKER
650			_aGERMAN INVESTMENT
690			_aPROPERTY MANAGEMENT-CORPORATE REAL ESTATE
942			_n0
999			_c70702 _d70702