Property funds
LGIM overhauls UK property fund amid sector liquidity fears
The £1.2bn L&G UK Property fund will adopt a 'hybrid' approach, investing equally in direct property and real estate investment trusts
M&G to shut £565m UK property fund
UK asset manager cited waning investor interest among reasons why it is calling time on the fund
2 min read
Swiss Life Asset Managers targets UK real estate growth despite sector turmoil
Even residential and commercial real estate - which are facing strong headwinds - could present opportunities, according to one of Europe’s largest institutional real estate managers
3 min read
Aviva Investors follows Schroders with £1.5bn LTAF launch
The LTAF is a new category of open-ended funds, designed to invest in long-term, less-liquid assets
2 min read
Blackstone stock weighed down by investor concerns over real estate bets
Backers weigh future of flagship Breit offering after results last week
4 min read
L&G, Abrdn reassure over property funds after Columbia Threadneedle suspension
More than £100m was pulled from a sample of property funds tracked by Calastone in the 10 days following the tax cuts announced by UK chancellor Kwasi Kwarteng
3 min read
Columbia Threadneedle freezes UK property fund as cash balance dwindles
Cash in the fund at a level where future redemption requests cannot be met 'until a further orderly sale of assets has completed'
3 min read
BlackRock, Schroders hit property investors with restrictions to stem pension client exodus
The asset managers have imposed limits on withdrawals as pension funds seek to reduce exposure to real estate
2 min read
Stock pickers ride vaccine optimism to trounce passives with £1.3bn haul
Investors ploughed £1.3bn into active equity funds last month, but committed just £4m to passives
3 min read
Investors fear more property fund casualties after Aviva closure
Aviva's UK property fund is 'the first real casualty' of the pandemic, with other smaller vehicles likely to be under pressure
4 min read
Covid-ravaged UK property funds hit with record outflows
A record £589m was pulled from UK property funds in March, marking it the worst-ever month for the sector
2 min read
UK property funds brace for second lockdown: ‘These funds may have to suspend again’
It could be well into next year before many property funds can relax dealing restrictions
Bob Steers: ‘It makes no sense to promise the illusion of daily liquidity’
The Wall Street property guru reflects on founding his business, coronavirus ‘damage’ and what is next for real estate
Aberdeen Standard to reopen UK property funds after pandemic freeze
The £487bn asset manager becomes the latest to announce that it will reopen UK property funds, which have been suspended since the onset of the Covid pandemic
