IFAs should avoid office exposure and blind pool funds, says gullwing
Gullwing Asset Management, which is currently raising assets for a property fund launch, has released a checklist of the areas advisers should analyse when comparing property funds. The 13 bullet point list covers the investment proposition funds offer. Michael Lynn, managing director of Gullwing, said the risk of many property funds currently being marketed has not been fully realised. He added: 'As the stock market continues to flounder, more investors are including a real estate element to their portfolios. We believe they should look to have 10%-25% of their pension fund in bricks a...
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