Diversification, income, and growth: The merits of post-referendum property investment



In the immediate aftermath of the EU referendum, the spotlight fell on UK property and those who invest in it, writes Michael Barrie, director of fund management - property, at Legal & General Investment Management.

The wave of redemptions from open-ended property funds caught headlines, and, while the L&G UK Property Fund remained open, the majority of open-ended property funds were forced to close their doors. The spate of closures sent temporary shock waves through the industry. Now that the immediate shock of the vote has dampened, what are the prospects for UK property? While the phase of significant net withdrawals was short-lived, the latest Lloyds Bank Investor Sentiment Index shows UK property saw the biggest decrease in investor sentiment of any asset class in November. In a year of ...

To continue reading this article...

Join Investment Week

  • 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

Join now


Already an Investment Week


More on Alternatives

David Coombs, head of multi-asset at Rathbones Unit Trust Management

Rathbones' Coombs: Multi-asset funds 'called it right' but unable to combat hardship

Rathbone Multi-Asset Strategic Growth

clock 05 August 2022 • 3 min read
Deep Dive Property: Not the same situation as 2008

Deep Dive: Property markets in this recession are not like 2008

Property acting more like a bond

clock 05 August 2022 • 5 min read
GMAP Dynamic also received a red rating

Property fund raises red flags at Royal London

Assessment of Value report

James Baxter-Derrington
clock 04 August 2022 • 2 min read