AUMs at Open-End Real Estate Funds Increase in May

23 June 2020 Portugal’s CMVM has published data showing that, as of May 2020, assets under management by local real estate investment funds (FII, special real estate investment funds (FEII) and real estate management funds (FUNGEPI)) reached a total of €10,442.7 million, down by 0.26% m-o-m.  

Closed-end funds saw the most significant drop, while open-end funds saw their AUMs increase by 3.84% in the month, or by about 150 million euros.

Original Story: FundsPeople

Translation/Summary: Richard D. Turner

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