Property rebounds after slight market slowdown

While global markets continue to be volatile, property is offering pension managed fund managers an income stream less threatened by economic shocks. The Prudential M&G Discretionary Fund has 2.7% of its total assets invested in the Prudential M&G Pooled Property Fund, headed by Steffan Francis, director of property management at Prudential Property Investment Managers. That weighting is high compared to the fund's competitors, according to Francis, and reflects optimism for returns for investments in property. Francis says: "What we see is there is a slight slowdown in property returns,...