GLOBAL - Schroders has banded with New York-based European Investors Incorporated (EII), real estate investment boutique, to develop global property investment solutions for institutional and retail investors.
The first product, to be launched during the second of third quarter of the year, will be a global property securities fund, available both though Schroders UK retail unit trust range and the Schroder International Selection Fund, a Luxembourg domiciled SICAV.
William Hill, head of property at Schroders, said: “As the scale of property investment has grown it is a natural progression for investors to look to international property markets to diversify risk.”
EII are specialists in REIT management within the US and globally, currently managing more than £1bn in property, both securities and direct.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.