Managers in the IA UK Direct Property sector have boosted their cash holdings substantially since the beginning of the year amid mixed investor sentiment towards the sector related to political uncertainty, and regulators keeping an eye on liquidity levels.
Average cash holdings as a percentage of portfolios in the IA UK Direct Property sector have more than doubled from 10% in January to 20.5% as of 30 June, FE data shows. The cash positions have been...
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