Property funds have been key beneficiaries of investors' hunt for yield in recent years, with the IA Property sector in the top five most popular investment classifications for the past two years. A record £3.8bn of flows was taken in 2014, backed up by £2.7bn in 2015.
Strong performance drove inflows, with the IPD UK Annual Property index recording a 12-month total return of 13.1% in 2015, versus -2.2% for equities and 1% for bonds. Meanwhile, the IPD Global Quarterly...
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