Among the Tacoma, WA-based company's $1.4-billion Real Estate Securities Fund's top 10 holdings are shares of two local REITs, Equity Residential Properties Trust and General Growth Properties. The newest member of the advisory team, Heitman LLC oversees 10% of the portfolios, while the other three advisors are allocated 30% each.
"Our investment style complements the other strategies employed by existing managers within the fund," says Heitman LLC president and chief executive officer Maury Tognarelli. "We're particularly impressed with Heitman's capabilities in fundamental real estate research and securities analysis," says Russell Investment Group portfolio manager Bruce Eidelson.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
