12 Jun How the UK’s top multi-managers are investing in UK property
Wealth managers may still debate the merits of open- versus closed-ended property funds, but when it comes to the hard reality of where they put their cash, the choice is unambiguous.
Using public data, Citywire Wealth Manager identified 14 property strategies held by two or more model portfolios or fund-of-fund portfolios in the UK. Of those, only three were open-ended bricks-and-mortar mandates. One of those three, the Aegon Property Income fund, is currently in the process of being liquidated.
Half of the funds to make the list were closed-ended, while the remainder were open-ended funds that hold liquid real estate securities.
Published by Robin Amos in City Wire.