Are Reits trading at discount a value trap?
Wealth managers have moved into the real estate investment trust space as valuations have been depressed amid the uncertainty over Brexit, but is looking at discounts the best way to assess buying opportunities or could investors fall into a value trap?
L&G Capital takes full ownership of UK housebuilder
Legal & General Capital has boosted its commitment to UK residential property after acquiring full ownership of an Edinburgh-based housebuilder.
Franklin Templeton launches absolute return bond fund
Franklin Templeton Investments has launched an absolute return bond fund for UK investors, a sub-fund of its UK-registered Oeic.
Absolute return popularity could signal further volatility
Absolute return strategies are the asset class most European fund selectors wanted to buy even before the recent rise in volatility in bond and equity markets, all except the Dutch who are not so keen on the strategy.
European watchdog warns of investment fund ‘fire sales’
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board (ESRB) has warned.