Property

Alex Jeffrey has joined M&G's real estate fund management arm PRUPIM as chief executive.

The chief executive of Invista Real Estate Investment Management and three of his team have joined Schroders' property funds arm.

Asset managers have accused platforms of harming investor interests because they are unable to support tax efficient property funds, which were given a welcome boost in last week's Finance Bill.

The government has relaxed the tax rules on Property Authorised Investment Funds (PAIFs) and REITs in a move set to increase the number of these vehicles in the marketplace.

Real estate is one of the few asset classes to provide reasonable positive returns year to date, but is this sustainable? asks Simon Kinnie, senior real estate analyst Standard Life Investments.

Real estate

Guy Morrell is head of multi-manager at HSBC, part of a team that runs $18bn of assets worldwide, and also manages the £41m HSBC Open Global Property fund.

Ignis' top performing property manager George Shaw has cut the cash weighting in his £854m UK Property fund by a third in the last few months as he eyes up a move to increase the fund's yield.

Healthcare property is opening up new opportunities for investors, writes Maria Merricks.

Scottish Widows Investment Partnership (SWIP) has boosted its real estate offering with the hire of five investment managers.