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The latest Crestbridge Alternative Managers' Mood Index (CAMMI) indicates a prevailing optimism among real estate managers, who are expected to largely maintain their asset allocations within the sector for 2024, despite the challenges faced last year.
This sentiment is reflected in Crestbridge's latest CAMMI score for Real Estate and Infrastructure, which asks asset managers how they intend to treat their asset allocations over the next 12 months - whether to decrease, increase or maintain them. The Index score fell to 42.86 in December 2023 from 50 in March 2023, recording a slight drop of 7.14 points, suggesting a contraction in the asset class but overall stability.
Dean Hodcroft, CEO for Crestbridge said: "Despite last year's dual challenge of...
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