The European Association of Investors in Non-Listed Funds (INREV) has developed a new funds style classification based on 'bundles of risks' which is aimed at introducing a workable, robust and enduring classification for the non-listed real estate funds industry. The move represents an important development for the non-listed funds sector, providing investors and fund managers with greater clarity which will help them to better assess their investment strategies, INREV said on Thursday.
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