This article appears courtesy of Institutional Investor.
Source: InstitutionalInvestor.com
Property funds in the U.K. have become so popular that many have closed to new investors in fear that the funds won’t be able to find enough good investments to produce the kind of returns that attracted investors in the first place.
Financial Times reports that among those turning away new money are the Pooled Pension Property Fund and the Life Property Fund, while Standard Life has temporarily put a plug on fresh investments.
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