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F&C Asset Managment launches commercial property trust

F&C Asset Management is launching a 1bn UK commercial property trust targeting a 6 per cent return next month.

The F&C Commercial Property trust, the group’s third, will launch with a diversified portfolio of office blocks, retail outlets and industrial holdings. The launch follows the group’s first two trusts, both branded Isis, trading at a premium to NAV.


Correspondent’s Week

I must confess to something of a mis-spent youth. At university, while others toiled their way through the holidays working at the local pub or, better, as highly paid interns at investment banks, I sat at home and whiled away the time watching TV. Months and months passed with the biggest question being: MTV or […]

Batten regroups Network 300 board to end wrangle

Network 300 director Chris Batten has extended an olive branch to ex-members in the wrangle over commission. Batten has pulled together the old Group 300 board – except for Gary Blair – to finalise a peace summit with ex-Network 300 members in an attempt to bring an end to the dispute over commission owed. Ex-finance […]

AIFA’s view – Fay Goddard

Back after the break and FSA regulation of general insurance was almost upon us. Firms had just days in which to ensure they were compliant with the new rules.


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