Property

UK IFAs are among hundreds of creditors facing severe losses in a £60m investment scheme marketed as low risk but "tainted with illegality", according to the firm's liquidators.

Neuberger Berman has hired M&G's Gillian Tiltman for its global real estate securities team.

Shareholders in the troubled Invesco Property Income trust have been told they are likely to lose their entire investment after it was suspended pending an effective firesale of its assets.

Standard Life Investments has overhauled its £420m Select Property fund, giving the portfolio a global remit.

F&C is in discussions with the IMA to add its Real Estate Securities and Real Estate Equity Long/Short funds to the IMA Property and Absolute Return sectors sectors respectively.

Murdoch Asset Management director Tony Dunne tells Julia Rampen why he prefers Mark Barnett to Neil Woodford, what opportunities he sees in student accommodation and why he is steering clear of the rally in Japan.

With banks offloading assets and the Spanish stock market on the up over the past 18 months, some see now as a good time to invest in one of the biggest losers of the eurozone crisis.

Property fund managers are assessing ways to mitigate the potential impact of soaring inflows as the sector becomes increasingly popular with investors.

The latest sales figures from the IMA show property was the bestselling sector in May, but Charles Stanley Direct's head of investment research Ben Yearsley said many investors are piling in too late and have missed the rally in the asset class.

Positive economic news in the US and the continuing recovery in the UK have pushed equity valuations near to peak levels. So where can investors turn for protection in case markets fall from here?