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US Real Estate Funds Struggle as Redemption Requests Soar

September 6, 20242 Mins read447
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The Illinois State Universities Retirement System (SURS) has announced its decision to redeem its $265 million investment from JP Morgan Asset Management’s open-ended core US real estate fund. This move comes amidst the fund’s underperformance and the recent departure of its senior portfolio manager, Kim Adams, who has since joined Clarion Partners to focus on […]

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