LaSalle Investment Management will roll out a property derivatives division for its clients, Financial Times reports. The global real estate manager has signed a deal with BGC Partners, a global intermediary to the wholesale market, to develop a property derivatives capability for its clients for the first time. Using its partnership with BGC, LaSalle’s fund managers will conduct and monitor trades where they see added value. LaSalle’s fund managers can actively handle portfolio sector weightings, asset allocation and to hedge market downside risk.
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