UK Business Property – The Iceberg Alternative Real Estate Fund, a £100 million hedge fund focussed on UK commercial property derivatives has returned 15% annually after fees since its inception in May 2007 and is down 3% through August, said Stephen Ashworth, who heads the London-based joint venture between money manager Reech AIM Group and the U.K. unit of CB Richard Ellis Group Inc., the world’s largest publicly traded commercial broker.
UK commerial property hedge fund beats UK IPD index for returns
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