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Article: OppenheimerFunds, Inc. Launches Oppenheimer Real Estate Fund; New Fund Sub-advised By Cornerstone Real Estate Advisers, Inc. Offers Access to the Dynamic Real Estate Market.
- Article from:
- PR Newswire
- Article date:
- October 8, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OppenheimerFunds, Inc. ("OFI") announced today the launch of Oppenheimer Real Estate Fund, which seeks total return through investments in real estate securities. The Fund invests in common stocks and other equity securities issued by real estate companies, such as real estate investment trusts ("REITs") and real estate operating companies ("REOCs"). It is sub-advised by Cornerstone Real Estate Advisers, Inc. ("Cornerstone"). Both Cornerstone and OFI are members of the MassMutual Financial Group.
"OppenheimerFunds is introducing Oppenheimer Real Estate Fund to further broaden the firm's already deep product line-up," said Mark Burns, Product Manager for the ...