Property

Hermes Real Estate has hired Aviva Investors' manager Philip Nell as a fund director charged with overseeing a new property portfolio at the group.

One attraction of UK housing is its inflation protection properties, but unachievable targets and bad political policies could place the sector at risk, according to David Gibbins, fund manager at Hearthstone Investments

Property group Brandeaux has announced the redemption of a further 4% of investor shareholdings in its suspended student funds.

Delegates heard from four fund managers at Investment Week's Property Breakfast Briefing last month discussing portfolio positioning and tailwinds for the sector.

The regulator has frozen the assets of a property fund that it suspects is an elaborate scam.

European property is offering a safe haven to investors facing up to negative bond yields, said Alban Lhonneur, manager of the F&C Real Estate Securities fund.

Managers pick their top alternative assets

The Financial Ombudsman Service (FOS) has ruled in favour of four complainants who separately claimed they were given unsuitable advice to transfer their personal pensions to new plans permitting investment in overseas property.

As property continues to deliver for investors, value is becoming harder to find. Investment Week asks allocators and fund managers which sub-sectors still look like attractive propositions.

US equity funds saw the highest outflow on record in February, according to data from The Investment Association (IA), while UK equity funds posted their largest outflow since 2008.