More diversity required in UK Reits market

Fidelity International has warned that despite the introduction of UK Real Estate Investment Trusts (Reits), it could take many years before the market is fully established and investors are able to benefit fully. Peter Hicks, head of IFA business at Fidelity International, said: "With only a small number available, investors are not going to achieve the right level of diversification simply by focusing on the UK. Although the introduction of Reits in the UK is positive, the structures are a global phenomenon and investors can not only benefit from investing in the UK but also around the w...