With the ultra low-interest rate for most OECD countries and the low rates would likely to stay for a long while, investors need to look beyond bonds for today's best yield. We would expect insurance companies and pension funds alike would increase their property portfolio aggressively in the coming months, especially from sectors that generate stable cash flow. Student Housings would fit the bill. Attached article appears in the Sept/Oct issue of IPE Real Assets, authored by Eric Menzer, CFA, CAIA, AIF Senior Portfolio Manager, Global Head of Pension and Fiduciary Solutions Manulife Investment Management.
