Fund pickers have backed the "prudent" decision taken by several providers to switch the pricing basis on their property funds, rather than risk bigger problems in the future.
Last week, Standard Life Investments switched the long-term pricing of its £1.4bn UK Property and £1.6bn Ignis UK Property funds from an offer to a mid basis, resulting in a downward price impact of approximately...
The US dollar is close to peaking and the risks now seem to be on the downside.
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