In May 2020, we linked up with Schroders to learn more about how COVID-19 had dramatically impacted investment markets and real estate.
During the one hour webinar, INN8’s Stephen Backhouse chatted to Schroders’ Co-Head of Global Real Estate Securities, Tom Walker, about his team’s views on investment markets and real estate, and the effects COVID-19 has had from a global perspective.
Urbanisation has been called the most defining trend of the 21st century, some forecasts assume that 90% of the world’s population will be living in cities by the end of this century. The key question for many investors has been how they can get access to one of the world’s strongest trends. The Global Cities fund, with its’ unique investment approach, focussing on the leading cities around the world, provides a solution.
Despite this long term trend, COVID-19 is now the focus. The global pandemic is dramatically impacting investment markets and real estate is no exception. Return profiles for the different sub-sectors such as retail, industrial, and office are moving rapidly. Previously defensive assets, like shopping centres, are now the most volatile with income streams reducing by the day.
It is crucial that investors understand the long term trends that will shape real estate returns. COVID-19 is simply accelerating the adoption of these trends that were already present in the market.
Schroders Global Cities fund utilises a data-driven approach to navigate the fast-changing markets. The long term track record demonstrates that their approach can add value to investors in both rising and falling environments.
Doing this takes experience and expertise. We bring together people and data to spot the trends that will shape the future. This provides a unique perspective which allows us to always invest with conviction. We are responsible for £500.2 billion (€590.3 billion/$662.6 billion) of assets for our clients who trust us to deliver sustainable returns. We remain determined to build future prosperity for them, and for all of society. Today, we have 5,100 people across six continents who focus on doing just this.
We are a global business that’s managed locally. This allows us to always keep our clients’ needs at the heart of everything we do. For over two centuries and more than seven generations we’ve grown and developed our expertise in tandem with our clients’ needs and interests.
Source – Schroders, all data as at 31 December 2019.
Co-Head of Global Real Estate Securities
Based in London, Tom Walker joined Schroders in 2014. Tom was a Deputy Head of Global Listed Real Estate at AMP Capital from 2005 to 2014.
He was previously in the Valuation, Funds Management, Advisory departments at Jones Lang LaSalle from 1999 to 2005. Graduate Diploma in Real Estate from London South Bank University, MRICS, BA in Politics from University of Newcastle Upon Tyne.
Head of Strategic Accounts
Stephen is a business development specialist with over 11 years’ experience in the asset management and platform industry. Stephen’s focus is all aspects involved in forging long-lasting relationships with strategic partners, more specifically the Discretionary Fund Managers and large Key Accounts, who are influential partners in our industry and are important stakeholders for the future proposition of INN8.
He was previously the head of Marketing and Business Development at STANLIB, where he was responsible for the Standard Bank relationship. Stephen obtained his Bachelor of Commerce from Rhodes University, and his Honours in Financial Analysis and Portfolio Management from the University of Cape Town.
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