PATRICK Armstrong, joint head of multi-manager for Insight Investments, has taken a 2pc position in a Japanese residential property investment trust in the £81m Diversified Target Return fund.
Armstrong said the Japanese residential market was coming out of a bear market and prices were appreciating for the first time in many years. “The market there is at a much earlier stage in the cycle...
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November