longgone Posted April 6, 2020 Share Posted April 6, 2020 21 hours ago, Huggy said: "Return of the investment beats return on the investment" ? Quote Link to comment Share on other sites More sharing options...
Huggy Posted April 6, 2020 Share Posted April 6, 2020 (edited) 34 minutes ago, longgone said: Neil Woodford's in the US nowadays is he? Let himself go a bit too! Edited April 6, 2020 by Huggy Quote Link to comment Share on other sites More sharing options...
longgone Posted April 6, 2020 Share Posted April 6, 2020 19 minutes ago, Huggy said: Neil Woodford's in the US nowadays is he? Let himself go a bit too! nah Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted August 3, 2020 Share Posted August 3, 2020 FCA considers 180-day wait for property fund withdrawals https://www.theguardian.com/business/2020/aug/03/fca-considers-180-day-wait-for-property-fund-withdrawals Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted June 27, 2021 Share Posted June 27, 2021 (edited) Two UK Commercial Real Estate Funds Shut Permanently, Investors Trapped, as Sector-Wide Exodus Intensifies https://wolfstreet.com/2021/06/26/two-uk-commercial-real-estate-funds-shut-permanently-investors-trapped-as-sector-wide-exodus-intensifies/ Quote Aegon Asset Management has closed its UK Property Income and Property Income feeder funds, after struggling to raise sufficient cash to meet redemption requests, it said on Wednesday. The Aegon Property Income fund had £380 million ($531 million) in assets under management and the feeder fund £150 million, according to Morningstar. The announcement follows a move last month by Aviva to wind up its property fund and two feeder funds due to the prevailing economic uncertainty and liquidity concerns. Both the Aegon and Aviva funds were suspended in March 2020, alongside most other UK property mutual funds, due to the acute uncertainty over market valuations caused by the virus crisis as well as liquidity issues. Many of these funds are open-end, meaning they offer daily withdrawals to their (predominantly retail) investors, even though the funds’ core investment — offices, industrial property and retail parks — is extremely illiquid, often taking months to offload. In times of financial stress and uncertainty, it’s not unusual for real estate to be plagued by acute liquidity issues. In June 2016, in the aftermath of the Brexit vote, six commercial real estate (CRE) funds suspended redemptions. But never before have so many real estate funds shut the doors on so many real estate investors Edited June 27, 2021 by Saving For a Space Ship Quote Link to comment Share on other sites More sharing options...
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