Today news
About the same in other media
Open-ended property funds assert confidence following M&G closure as outflows mount
Reading now: 168
Legal & General Investment Management, abrdn, Columbia Threadneedle and Royal London all told Investment Week their funds were stable and they remained confident in them. However, the funds have all seen continued outflows, with some not receiving a single month of inflows over the last three years, according to data from Morningstar Direct. Only one of the 18 funds covered by Morningstar Direct in the IA UK Direct Property sector received inflows during September 2023 — VT Redlands Property Portfolio. Throughout September, the sector lost £97.4m to outflows, with almost half (£43....
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Alan Custis leaves Lazard AM following UK equity team merger investmentweek.co.uk /1 year ago
Allianz GI boosts value and income team with fund manager hire investmentweek.co.uk /1 year ago
HSBC warns of risks in China's property sector, allocates funds to cover possible losses livemint.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
