Property

Schroders' head of property investment William Hill is to step down after 25 years, handing his responsibilities to Duncan Owen.

George Shaw, manager of the Ignis UK Property fund, has highlighted five key reasons to invest in property, as the asset class begins to capture investors' attention once again.

Kames Capital has launched a closed-ended version of its Active Value Property fund for Helen Batten.

Embattled property fund house Brandeaux has admitted the net asset value on its suspended £900m Student Accommodation fund is likely to be 4% less than anticipated, while the £92m Ground Rents fund will lose 5% of its NAV.

Fund buyers have cautioned on investing in the UK's buoyant property market, amid fears the sector may be overheating.

Aberdeen Asset Management is launching two bond funds for its Luxembourg range and an institutional property fund investing in European real estate.

PROPERTY

Wealth managers have been shifting assets out of fixed income and into property as the unloved sector comes back onto investors' radar.

Nigel Cuming, CIO of Canaccord Genuity Wealth Management, is considering allocating to European equities and property as equity markets continue to rally.

Student accommodation fund giant Brandeaux has denied its recently-suspended funds are "distressed sellers", and has said there is a £1bn "overhang" of property on the market.