The outlook for the real estate funds is good, she said.

Russia's latest dream is being financed in part by foreign real estate funds.

The investment bank's real estate fund owns half the complex and had set off the sale process earlier this year.

Otherwise, real estate funds suffered most, returning just 0.2 percent for the quarter.

At the same time, he has reduced holdings of real estate funds.

Over all, real estate funds were down 3.28 percent for the year through Dec. 30.

For those who want a really easy way out, there are real estate index funds.

"But real estate funds have had a greater success beating the index."

The company manages open-ended real estate funds with assets over $7 billion.

Dozens of publicly traded real estate funds are now available.