Asset classes exhibit different market dynamics and different interaction effects thus the allocation of money among asset classes will have a significant effect on the performance of the fund.

Purchasing unused land for a potential development shows the legal and physical steps a developer must take to convert raw land into developed land.

‘Developing’ is the key word. We don’t ‘build’ ourselves. We buy the land, finance the deal and then we have the best builders build under bond at a fixed cost.