Specialist

CLOSE Investments has scrapped its Agricultural Commodities Trust just days before it was due to go live.

Close Investments has scrapped its Agricultural Commodities Trust just days before it was due to go live.

DESPITE a fall in the valuation of the New Star Property trust of 17.8pc since July, Roger Dossett, chief executive of property fund management at New Star, believes the UK property crisis will be short lived.

MORE than three quarters of UK employees believe the most effective way to save for retirement is through a pension plan with property investment, or by investing in a mixture of property, pensions and other assets, according to a survey by Towers Perrin....

REITA has launched a databank centre on its website (www.reita.org) enabling investment professionals to more easily research and compare property investment performance.

THE value of property in the Matrix European Real Estate Investment Trust (REIT) rose to £558.4m by September 30, 2007, an increase of £32.1m over the quarter.

THE Seven Dials European Property fund has outperformed its larger, more established competitors, according to the specialist commercial property fund manager.

THE Fitzwilliam Commodity Plus fund, advised by BDO Stoy Hayward Investment Management Limited, has been awarded the European Fund of Hedge Funds award for Best Energy/Commodities fund.

FITCH Ratings has published new Real Estate Asset Manager rating criteria.

ABSOLUTE return asset manager RAB Capital has announced the planned launch of the RAB Global Mining and Resources fund, which will be led by RAB chief executive Philip Richards.