Rampant fears over the big bad wolf of inflation have convinced the shareholders of one real estate fund to change tack. Wilmington Trust on Tuesday announced that the three-year-old Wilmington Multi-Manager Real Estate Securities Fund has become the Wilmington Multi-Manager Real Asset Fund, following a vote of approval by shareholders.

Instead of sticking exclusively with real estate-related securities like REITs, the reinvented fund will also go in for inflation-linked bonds, such as TIPS, and securities related to commodities and natural resources. Advised by Wilmington subsidiary Rodney Square Management Corporation, the fund also has a new subadvisor, Standish Mellon Asset Management , in addition to existing subadvisors AEW Management and Advisors and Real Estate Management Services Group.  

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