Advice to invest in a troubled unregulated overseas property scheme has helped push 24 firms over into failure, the Financial Services Compensation Scheme (FSCS) has said.
Demographics continue to drive care home fund inflows
A trio of AXA managers have joined Royal London Asset Management (RLAM) as the group brings in-house a £1.6bn property portfolio it has acquired since taking over the Co-operative Asset Management.
Another bruising year for investors?
The property manager of the Mansion Student Accommodation fund has proposed a wind-up of the fund after redemptions were suspended for more than a year.
This year has been a difficult one for many active funds, but, as ever, a select group of portfolios continue to be backed en masse by buyers looking to deliver outperformance for clients.
Asset allocators are interpreting mixed signals from across the globe, but there are concerning signs of overheating in UK property and infrastructure assets, says Cornelian's Hector Kilpatrick
Advisers have welcomed the Chancellor's overhaul of the taxation system around buying property, saying it is an "ingenious" idea that will benefit the majority of clients.
A 'lost generation' helps boost housebuilders