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Cathy Marcus | Global Chief Operating Officer and Head of U.S. Equity at PGIM Real Estate

Leading Voices in Real Estate

CHAPTER

The Benefits of an Open End Fund

With that liquidity does that mean we recover quicker every time there's another crisis, which we're in a mini crisis or maybe a maxing crisis right now I don't know. And as an investor with a um do you care do you benefit hugely from churn or ultimately stability might be a better thing for your business model or an equal thing foryour business model? Yeah, it's nice to have a combination of both. From a running a business perspective it's good to have both because the open end funds are large they have scaled there's tremendous stability. It can be a very scalable very profitable business. However, you know you can have outflows and it is nice to have the closed

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