Financial Times FT.com

Risks and rewards are put in sharp focus

By Jim Pickard

Published: July 12 2005 15:56 | Last updated: July 12 2005 15:56

With property prices rising globally fund managers face a dilemma.

Do they treat the market with extreme caution and miss out on potential opportunities? Or do they wade in and risk losses if the markets suddenly cool?

Skyscrapers

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this