Janus Henderson sells £1bn property fund above book value
‘As the fund will bear the costs of the sale, there is a risk that a small margin could still erode shareholder value’
‘As the fund will bear the costs of the sale, there is a risk that a small margin could still erode shareholder value’
‘Higher inflation and expectations of rising interest rates have now been largely priced in by bond markets’
Square Mile swaps it out for the Schroder Managed Balanced fund
His departure comes a day after chief executive Dick Weil steps down
Ali Dibadj will join from Alliance Bernstein before the end of June
Unclear whether inflationary benefits will tempt investors back into beleaguered sector
It produces no greenhouse gases and Germany’s power plant shutdown following Fukushima saw a spike in use of coal, says Janus Henderson
It ‘once again underlines why open-ended property funds remain ill-suited to the daily dealing expected from Oeics’
‘Temptation in this situation is to submit a redemption request asap and try and beat the crowd’
His successor joined from JP Morgan Asset Management in October 2021
But the big unknown for 2022 is what happens to the mining sector
And six funds to consider