Market Commentary: Queuing Up

“ODCE Redemptions Post-GFC and Now”

In the words of Mark Twain, “history doesn’t repeat itself, but it often rhymes.” When headline values decline, investors often exhibit a knee jerk reaction to withdraw and protect. This mindset has been evident over the preceding two years, as exit queues for large open-end diversified core funds (“ODCE funds”) have grown to over 15% of NAV by some estimates, and most funds have limited, if not suspended, redemptions.

Read the complete Market Commentary: “Queuing Up, ODCE Redemptions Post-GFC and Now” below:

Queuing Up - Market Commentary 2024.pdf

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