The Threadneedle Property Unit Trust opened for subscription this week. This fund was f...
The Threadneedle Property Unit Trust opened for subscription this week. This fund was formed by moving the former Sackville Property Unit Trust from the UK to Jersey and in the process converting it to a Jersey unit trust. As an unauthorised exempt UK property unit trust, the fund was previously only open to UK pensions and charities. After the move to Jersey, the fund will be open to a broader range of investors. The fund is aimed at professional portfolio managers and investors seeking a longer-term commitment to a diversified portfolio of UK commercial property....
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