OPM Fund Management has bought its second reverse convertible product in two weeks, to benefit from volatility in the share prices of property companies.
F&C is launching its first open-ended real estate fund as it faces losing the mandate for its £617m F&C Commercial Property trust (FCPT).
Brokerage firm Canaccord Genuity says shareholders should vote against the merger of F&C Commercial Property trust (FCPT) and the UK Commercial Property trust (UKCPT) because it is not in investors' interests.
F&C is hoping to prevent its Commercial Property trust (FCPT) being merged into the UK Commercial Property trust by offering an alternative deal.
Swip Property Trust manager Gerry Ferguson uses recently acquired powers to ensure constant liquidity in portfolio
Property fund manager Clavis Walden has delayed launching a planned UK commercial property fund, pointing to investor uncertainty in the face of macroeconomic instability.
HSBC Asset Management's Jon Rebak has dropped Schroder Global Property Securities from the Open Global Return and Open Global Distribution funds since taking over less than three weeks ago.