Property sector doubles cash amid industry's liquidity crisis

Political uncertainty causing concerns

clock
Cash positions in property funds have been steadily growing
Image:

Cash positions in property funds have been steadily growing

Managers in the IA UK Direct Property sector have boosted their cash holdings substantially since the beginning of the year amid mixed investor sentiment towards the sector related to political uncertainty, and regulators keeping an eye on liquidity levels.

Average cash holdings as a percentage of portfolios in the IA UK Direct Property sector have more than doubled from 10% in January to 20.5% as of 30 June, FE data shows. The cash positions have been...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login