Property funds were the biggest investment casualties of the Brexit vote two years ago and, with the exit date looming - not to mention the rise of online retailing and its impact on the British high street - it would seem the sector is facing headwinds.
Against this backdrop, investors will want to assess how these funds have performed and ensure they are performing as expected. In recent years, however, the task of judging property funds has become more challenging. The IPD UK index, which is the standard benchmark for most property funds, is no longer available from data providers such as FE or Bloomberg - unless you pay a large licencing fee to the IPD that many investors and their advisers cannot justify. The benchmark also has its flaws as it represents all of the property transactions over a given period. It is impossible for a fu...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
