Coronavirus hits global property with ASI revealing additional suspension
Aberdeen Standard Investments had already suspended two UK property funds
Coronavirus
-
-
Columbia Threadneedle and cash-heavy LGIM suspend property funds
LGIM was able to navigate Brexit liquidity problems but has now been hit by valuation uncertainty
-
BMO Gam and Aberdeen Standard freeze quartet of property funds
More than £8.5bn in property fund assets now frozen on back of coronavirus-driven volatility
-
FTSE fails to live up to ‘low beta’ reputation amid coronavirus sell off
Lack of technology will hit index as people are forced to digitalise their lives
-
Platform ‘bloodletting’ set to be ‘many times worse’ in 2020 from coronavirus hit
2019 net sales of £29.7bn were the worst in six years
-
Aviva Investors latest to suspend property fund on coronavirus volatility
Kames and Janus Henderson have already suspended funds due to independent valuation issues
-
Chancellor pledges £330bn boost for coronavirus-hit businesses
Square Mile compares the package to the 2008 bailout for banks
-
UK government’s remote working push is no excuse for funds to underperform
Technology set to aid fund managers during coronavirus isolation, although idea generation could suffer
-
Chancellor’s time horizon for coronavirus impacts rubbished in Treasury select committee
MPs warned of ‘large numbers of people losing their jobs, hours being cut, businesses in trouble’
-
Michael Lindsell jumps on rare discount in trust known for soaring premium
Lindsell Train investment trust last year hit a 99% premium
-
Coronavirus turns active management underperformance on its head
Investors mixed on the long-term outlook for the industry as 89% of UK equity funds outperform
-
Janus Henderson trust among first to issue health warning for shareholder meeting
Henderson Alternative Strategies is urging shareholders to vote remotely as it prepares to wind down
