ANREV is the leading source of industry information for non-listed real estate in Asia Pacific. This research output contributes to the development of the industry by improving transparency and the quality of market information. We collect information from primary sources and never use second hand material.

    • Funds of funds assets under management rose to a minimum of US$ 37.7 billion globally
    • As a group funds of funds delivered positive net average returns of 5.6% in 2019
    • Funds of funds with a global strategy further enhanced their market dominance

    On average, funds of funds have delivered seven consecutive years of positive returns, with an average of 5.6% in 2019.

    ANREV and INREV Funds of Funds Universes (‘Universe’) contains 51 vehicles representing a total Net Asset Value (NAV) of US$20.2 billion. Ten funds of funds have indicated their preference to remain anonymous and therefore the online Funds of Funds Universe displays 41 of the 51 funds of funds.

    The performance data presented in this report is not intended to serve as a benchmark and should be used for research and information purposes only.

    ANREV Fund of Funds Study 2020 (Report)PDF
    ANREV Fund of Funds Study 2020 (Snapshot)PDF

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Amélie Delaunay
Research and Professional Standards

Research Committee

The research committee oversees a wide range of research projects, including regular annual studies and one-off studies range of current issues. The committee also contributes to the presentation and discussion of research topics at ANREV-sponsored events.