LGIM to increase Reit exposure in UK property fund
Trust exposure will increase from 4% to 45% in an effort to improve liquidity
Trust exposure will increase from 4% to 45% in an effort to improve liquidity
Parties working out the terms of a potential all-share deal
Defers redemptions in Property Life and Property Pension funds
M&G and Canada Life have announced their intention to close UK property strategies in the last seven days
Sector has been hit with waves of redemptions in recent years
AUM has fallen to approximately £102m from £254m, leaving it ‘no longer commercially viable’