UK - Schroder Property Investment Management is urging schemes to increase their allocations to the residential sector, despite fears about a market slowdown.
The firm said that while the rate of capital growth for the average residential property had fallen, it believes the sector will still produce positive returns in areas outside London and the South East.
The Schroders’ Residential Property Unit Trust posted a 27.4% return in 2002, compared to the 17.7% returned by the Investment Property Database’s residential index.
Newton Investment Management's series of DC columns continues with Gerald D Rehn of BNY Mellon forecasting innovation in the market
Pension Insurance Corporation (PIC) has agreed to a 30 year debt investment in Phoenix Community Housing, a not-for-profit, resident-led housing association in London.
Royal London has announced plans to allow customers with guaranteed annuity rates (GARs) to convert their guarantees into a top-up for their pension pot, subject to High Court approval.
The Salvus Master Trust will welcome another 1,200 members and 20 employers as it absorbs the £7m Complete Master Trust.