Property is not the only asset class

Investment Week's interview with John Duffield last week revealed the New Star chairman is extremely...

Investment Week's interview with John Duffield last week revealed the New Star chairman is extremely bullish on property, dismissing fears of an impending correction in the market. Bearing in mind his group is rapidly becoming the main player in the retail property investment market, edging out Norwich Union by dint of its huge advertising campaign, Duffield's view is hardly a surprise. He is known to be putting a large sum of his own money into the International product and has said he will be disappointed if the vehicle fails to raise £200m in its first month. Retail investors clearly ...