The Investment Association's (IA) decision last week to divide its Property sector into two following an industry consultation, splitting out UK funds which invest directly in property, has been praised by fund buyers for providing more clarity for investors.
The IA's Sectors Committee made the decision to split the 62-strong sector, which has attracted criticism in the past, from 1 September 2018 in the hope of aiding like-for-like comparisons. It will...
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