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A New Secondary Market Is Rising Out of Pandemic-Fueled Changes to Real Estate

A still-fledgling secondary market for private real estate funds is getting a big push forward from institutional investors eager to invest in newly hot areas of real estate and sell off other, less desirable parts of the sector. “Secondaries are really coming into their own. Covid just accelerated the increase,” said Eric Adler, president and CEO of PGIM Real Estate. “Some investors want to stay in real estate, but others want out. Secondaries are becoming a good solution.” In private markets, secondaries trading allows investors to buy and sell fund stakes at any point in that fund’s life, rather than stay in a vehicle designed to be held for a decade or more.

South Africa Stocks Rally With Rand Hedges Up as Unrest Persists

South Africa Stocks Rally With Rand Hedges Up as Unrest Persists
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Foreigners dump SA shares, but rand-hedges jump

Foreigners dump SA shares, but rand-hedges jump
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

Guide to Investment-Linked Policies (ILP): What you need to know

1. Higher potential returns An ILP could potentially give you higher returns than other types of policies, such as endowment plans. Lest it reminds you of a marketing hook employed by insurance agents, the keyword here is ‘potentially’. You shouldn’t put complete faith in this statement, although there is some degree of truth that ILPs can give you more bang for buck. This is because the money you pay for your ILP is used to purchase units of a fund. These units can ultimately be sold in the future, which would determine your returns. There is also the possibility of additional bonus units given out, depending on your account value and duration of your ILP premium payment.

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