LOS ANGELES—“You have to stick to your core values wheninvesting.” That is the consensus from investment panelists at arecent RealShareApartments conference here in Los Angeles.
According to Jeff Daniels, a managing directorat AIG Global Real Estate Investment Corp., “Youcan chase yield if you like, but you will wind up tripping.” Headded that “You have to stick to your core values. Be around whereothers are building.”
A few of the things being closely watched today by SeanBannon, managing director of Zurich AlternativeAsset Management LLC, are what is happening in other assetclasses and what is happening in hedge funds. “Our analysis of whatis happening in the marketplace begins with what happens in otherasset classes.”
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