D&G Asset Management
Tuesday, November 10, 2009 by Douglas And Gordon
D&G Asset Management (email@example.com) undertakes research into the prime London markets ( PCL ) and advises Funds on property acquisitions in Prime London.
Recently D&GAM published its latest thoughts on the PCL market and looked ahead to what might be in store over the next two years . What the research showed was that PCL has a very low correlation to equities , the UK housing market and UK mortgage lending.
This further underlines that PCL can act as a wealth-protector at times of economic weakness. In previous cycles the combination of a weak sterling and low stock has resulted in sharp corrections to PCL values.
D&GAM thought that there would be a correction in 2009 and the conditions are still in place for a continuation of these recent rises through 2010-11 . We think PCL will rise by 20% between october 2009 and the end of 2011 .