AIM Trimark Investments has launched the INVESCO Global Real Estate Fund. The new fund will make global investments primarily in real estate securities and real estate-related companies such as REITs. The fund focuses on total return through a combination of capital growth and income, AIM said. INVESCO's Real Estate team managed over $31.7 billion in assets including $9.1 billion is in real estate securities, as of Sept. 30, 2007.
Over the last year and a half, Deutsche Bank has been fortifying its presence in Latin America's structured markets. With director Brigitte Posch at the helm, the team of bankers devoted to the region has swelled from one -just her-about a year and half ago, to seven. In yet another sign that the cross-border arena is not where the action is, Posch said at IMN's recent conference, "Securitization in Mexico," that the team is throwing its weight behind domestic markets. And ABS playground Mexico isn't the only game in town. The bank is working on local deals in Peru and Colombia, the latter boasting firmly established ABS and MBS industries that have witnessed scant participation from foreign bankers and other overseas players.