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.
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.
Threadneedle is to push ahead with plans to convert its UK Property Trust to a more tax-efficient structure.
M&G Investments is set to close its Global Real Estate Securities fund after the departure of manager Gillian Tiltman prompted outflows from the strategy.