Brexit

Taking a long-term view

From tackling 'Trump-enomics' and a rise in inflation, to ditching bond proxies and anticipating further political uncertainty, managers from Investment Week's November Funds to Watch conference share their views on how they are adjusting their strategies...

The lead-up to and events immediately following the UK Brexit confirmed to us that the optimal route into the property sector is via a 'permanent capital' model, specifically listed real estate investment trusts (REITs).

Despite political upheavals, the current environment of low growth and low interest rates should be broadly positive for equities in Europe.

Amid widely-held short positions in Italian debt

Risen 4.8% in November

But 'unpredictablility of Brexit' remains a major downside risk

Recent months have been mixed for the UK property market. The asset class performed well early in the year, but returns were rocked by the uncertainty surrounding June's Brexit vote.

UK-listed names

Long term, discounts have moved in tandem with FTSE All Share