F&C unveils long/short real estate fund

The UCITS product offers investors access to the pan-European property market and already has assets of €63.4m. The vehicle will invest in between 20 and 40 pan-European real estate securities on an absolute return basis. It is designed to generate low volatility and is comprised of both long and short positions, with a net exposure ranging between -30% and 30%. "We are delighted with the strong demand from investors, reflecting the team's long track record of managing funds investing in both long-only and long /short real estate equities," said Phayre-Mudge. "Through an absolute r...