23 December 2020 – Assets under management (AUM) in Portuguese real estate funds totalled 10.4241 billion euros in November, an increase of €67.2 million (0.65%) month-on-month, according to Portugal’s Securities Commission (CMVM).
According to the report, assets in open funds, which total €4.046 billion, fell by 0.24% in the month. This drop was due to outflows from special real estate investment funds of 3.7%.
Interfundos (12.6%), Square AM (11.4%) and Caixa Gestão de Ativos (9.2%) continued to have the largest market shares.
Original Story: Funds People
Translation: Richard Turner
