Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (2Mb PDF) In 2004, Chung-Hong Fu, PhD published a white paper entitled “Timberland as an Inflation Hedge”. In this paper, the characteristics and historical return histories of timberland were evaluated to assess the effectiveness of timberland as an inflation hedge. This most recent installment, “Comparing Timberland [...]

Chris Curth: Managing Director Real Estate Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (920Kb PDF) Increasing land values within timberland portfolios have received unprecedented attention in the past few years. In many instances, investors recognize that land values are not appreciating because of the value for timber production, but rather because the land [...]

Tom Johnson: Managing Director Client Relationship Management Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (1.1Mb PDF) “Survey of Leading Business Models of Timberland Investment Managers” explores the history of the asset class and the development of the four primary business models that exist within the industry. The pros and cons of the different [...]

Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (198Kb PDF) In this latest installment “Collection of Short Topics on Timberland Investment”, Fu takes a fresh look at several questions that investors regularly ask. These include: What are the key risks of investing in timberland? What is the difference between investing in the U.S. versus [...]

Chung-Hong Fu: Managing Director Economic Research and Analysis DOWNLOAD (411Kb PDF) As with many areas of the timberland asset class, what appear to be simple, logical relationships are not as straightforward as they may seem. In “Timberland Returns and the Housing Cycle – Demystifying the Link”, Fu discusses timberland investments and how housing starts have [...]