New Star will open its international property fund to retail investors this month. The fund, which ...
New Star will open its international property fund to retail investors this month. The fund, which will be available through international life com-pany platforms, will be the first to allow UK retail investors to hold international direct commercial property within an FSA authorised retail fund. The fund will invest in commercial properties outside the UK, and aims to hold approximately 80% of its assets in direct commercial property, with the initial focus on Western Europe, Central Europe, Japan and the rest of Asia. The fund will be managed by New Star's property team, headed by Roge...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes