Cedric Bucher poaches from Ascentric for residential firm
Cedric Bucher has poached David Hall from Ascentric as the residential asset manager where he was recently appointed CEO sets out to increase its assets under management.
Cedric Bucher has poached David Hall from Ascentric as the residential asset manager where he was recently appointed CEO sets out to increase its assets under management.
Former Architas head of UK Cedric Bucher has resurfaced at a residential property specialist, Hearthstone Investments, where he will be chief executive officer (CEO).
Residential property is gaining traction as an investment in its own right and at £5trn in size it dwarfs the commercial property market.
Hearthstone Investments has listed its UK Residential Property Fund on the Cofunds platform ahead of an anticipated increase in demand from financial advisers for residential property investments.
The FSA has given approval to Hearthstone to launch the first regulated residential property fund in the UK.
Chris Down argues asset allocators should choose now to stop missing out on what has so far been forty years of a positive return profile from residential property.