Ivy Funds launched two new global funds Monday that focus on international real estate securities.
Open-end real estate funds are attracting a lot of interest from investors. Overall fund flows in 2012 reached $15 billion, nearly double the level in 2011. In just the first two months of 2013, they reached $6.5 billion, surpassing the entire year for 2010.
Ivy’s new funds can provide investment portfolio diversification because they are not highly correlated to other global asset classes. They…
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