More advisers recommend property funds

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Property funds are being regularly recommended to clients by the majority of advisers across the UK, according to a survey by Fidelity International.

The research shows, out of 313 advisers, 96% are now regularly recommending clients to invest in ‘bricks and mortar’ property funds, funds of commercial property securities including Real Estate Investment Trusts (Reits) as well as direct property investments. Fidelity claims the survey shows 89% of advisers believe commercial property investment should account for at least 10% of a client’s portfolio, with nearly 40% saying it should make up more than a quarter. Meanwhile, the survey also reveals while 82% of advisers have been typically recommending ‘bricks and mortar’ type funds, 1...

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