commercial property

The government has relaxed the tax rules on Property Authorised Investment Funds (PAIFs) and REITs in a move set to increase the number of these vehicles in the marketplace.

FIVE OF THE BEST

Millionaires favour hedge fund manager Paul Singer, CEO of Elliott Management, as the manager they trust most with their cash, according to an investment club survey.

Ignis' top performing property manager George Shaw has cut the cash weighting in his £854m UK Property fund by a third in the last few months as he eyes up a move to increase the fund's yield.

Argonaut Capital's Barry Norris is taking positions in Swiss property and increasing exposure to gold miners within his funds, claiming more QE is almost inevitable.

Study shows recovery in real estate prices is driving institutional investors back to sector.

Guy Morrell, head of multi-manager at HSBC Global Asset Management (UK), and manager of HSBC Open Global Property fund, examines how recent volatility has affected the commercial property sector.

Taxes will be increased on expensive houses, allowing the government to fulfil its longer-term promise to scrap the 50p top income tax rate, Nick Clegg has said.

LM Investment Management has launched a Luxembourg domiciled version of its Australian Income fund.

Tim Gibson is joining Henderson Global Investors as head of property equities for Asia on 1 March.