The GREFI All Funds Index returned 2.2% over Q3 2017 compared with 2.1% over the previous quarter.
European funds delivered a total return of 2.3%, compared with 2.7% for Asia Pacific and 2.0% for the US. Funds with a global strategy delivered 1.0% total return over the third quarter.
By style, non-core funds outperformed core funds with a quarterly return of 2.8% compared with 2.0% for core. European core funds outperformed US core funds for the fourth quarter in a row with a total return of 2.3% compared with 1.6% in the US.