|Copyright:||Copyright Business Wire 2011|
|Source:||Business Wire, Inc.|
Funds provide new options to invest in real estate securities
“Our real estate funds provide the potential for investors to hedge against inflation,” said
While clients may invest in the two new real estate funds individually, both also provide exposure to real estate as part of the recently launched
The funds are managed by the real estate securities team at
Marc Halle, a managing director at PREI, who oversees the global securities team in the U.S., Europeand Asia. He was recently recognized as one of the best mutual fund managers by SmartMoney Magazineand The Wall Street Journal.
Rick Romano, a principal who joined PREI in 1998 and is responsible for U.S. real estate securities.
Gek Lang Lee, a Singapore-based principal at PREI, with more than 20 years of experience managing real estate securities.
“Public real estate securities have gained acceptance around the world as an efficient means to provide investors access to large, high quality portfolios of real estate,” said Halle. “At the same time, real estate securities can provide current income, liquidity and historically compelling risk-adjusted returns.”
PREI, a business of Prudential, is a leader in the global real estate investment management and advisory industry, with 18 offices in 13 countries and deep expertise in private and public real estate markets.
Prudential Investments offers mutual funds across a range of asset classes and sectors, including equity, fixed income, real estate and specialty securities. Please visit http://www.prudentialfunds.com for more information.
Real estate poses certain risks related to overall and specific economic conditions, as well as risks related to individual property, credit, and interest rate fluctuations.
The risks associated with each Fund are more fully explained in its prospectus.
Consider a Fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus and, if available, the summary prospectus, contains this and other information about the Fund.Contact your financial professional for a prospectus and, if available, the summary prospectus. Read it carefully before investing.
Mutual funds are distributed by