| 000 | 01121cab a2200181 4500 | ||
|---|---|---|---|
| 001 | ##L131805 | ||
| 008 | 051209n2005 000 0 eng u | ||
| 035 | _a(Sirsi) u131805 | ||
| 041 | 0 | _aeng | |
| 245 | _aDerivatives prove a liquid asset for property markets | ||
| 260 | _c2005 | ||
| 490 |
_aEuroProperty _vDecember 2005-January 2006, Office Performance, 14-15(2) |
||
| 520 | _aAnalyses the burgeoning UK property derivatives market, set to hit £1bn of trades in 2005, largely using Property Index Certiiificates (PICs) The liquid market has recently attracted the attention of hedge funds. Developments in the second half of 2005 have spurred UK property players to use derivatives to aid their business strategies rather than simply as a way of buying or selling exposure to an all property index. Fund managers now increasingly sell market exposure and retain the upside or alpha they generate on a portfolio. A Swedish PIC is likely to emerge as the first continental instrument | ||
| 590 | _aIKA030106 | ||
| 650 | _aSWEDEN | ||
| 690 | _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY MARKET | ||
| 942 | _n0 | ||
| 999 |
_c76278 _d76278 |
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