Property

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.

Property managers have begun putting their funds' high cash positions into the market following a surge of inflows into the sector.

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Brandeaux has completed the sale of its student accommodation property portfolio and aims to make payments to shareholders in the suspended funds this month, though NAV per share has been reduced further.

Investors are not receiving adequate information on the extent to which funds are being levered up through the use of derivatives, a review by the Financial Conduct Authority (FCA) has found.