He said: "We wouldn't recommend an allocation to property for at least another six months".
Pension funds have increased their allocation to property, retail investors are starting to take an interest, and foreign money continues to pour in.
Back in the '70s, they argued for 30 percent allocation to property in risk-averse pension funds, because the volatility was so low and the performance was consistent and stable over time.
Pension funds, keen to diversify out of shares and bonds, have been raising their allocations to property.Moreover, Blackstone knows the game, having amassed a large property portfolio including Trizec Properties, bought jointly with Brookfield last October for $4.8 billion.
There are a number of variants upon this scheme, but they all share an essential property; allocation to the next dose level for an incoming group of three patients only depends upon what has happened to the total of six patients treated at that level.
We generated the allocation sequence based on the properties of the institutions that used stratified sampling to put the six institutions into two categories, i.e. veteran home and long term care facility and adopted the principle of equal allocation to encode the two categories respectively.
One of the few historical patterns to repeat itself with regularity over the past three centuries has been that, wherever governments are unable to make the allocation of property and contract rights stick, industrialization never reaches North Atlantic levels of productivity.
China -- in spite of all its societal and cultural advantages -- had failed to make its allocation of property rights stick in any meaningful sense through the rule of law.
Keynes and Lapidge comment: "If only to judge from the relatively small number of estates he received, Æthelwold in particular would have had cause to be aggrieved by this allocation of property, and his resentment is shown by his rebellion against Edward soon after Alfred's death".
In 2005, Buffalo Grove and Lincolnshire reached a boundary agreement with respect to the allocation of properties surrounding and concerning the unincorporated Prairie View area, which lay in between the two Lake County villages.
These cases also lead to return of questions related to the collective allocation of intellectual property rights by professional sports leagues, much as were raised in the 2010 Supreme Court ruling, American Needle v. National Football League.
