View more on these topics

Insight offering property Fof for HNWs

Insight Investment will introduce a property fund of funds for high-net-worth clients later this month subject to approval of the Guernsey Financial Services Commission.

The Guernsey-domiciled Insight property portfolio unit trust will be the company&#39s first fund to invest indirectly in commercial property.

Minimum investment is £100,000. The fund will aim for capital growth, with an expected target yield of 4.5 per cent a year.

It will be fully invested in a diverse portfolio of property funds from the start.

The fund&#39s underlying portfolio will initially contain 10 funds that diversify across the office, retail and industrial sub-sectors.

The initial portfolio is valued at over £5bn and contains holdings such as the Paddington Central and Grosvenor Shopping Centre unit trusts.

Insight&#39s team of 46 property specialists will review the portfolio and add funds as they see fit.

Spokesman Daniel Longden says. “Over time we would expect the property investment team to identify sectors and sub-sectors that have the potential to outperform, then select suitable funds.

“Some of these funds may be specialist funds, owned by just one or two people, that investors may find it difficult to get access to.”


A consumer&#39s view

The FSA report on closed with-profits funds provides no comfort for the millions of investors whose money in these funds is languishing, earning little or nothing. About 66 with-profits funds out of a total of 110 funds are closed to new business and about £191bn of investors&#39 assets are locked in, trapped by hefty withdrawal […]

Citigroup – Enhanced Growth Plan IV

UK Option 1 Type: Guaranteed equity bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £5,000-no maximum, Isa £3,000-£7,000 Term: Six years Return: 30% of original investment at end of year three if index rises by at least 30% or 130% of growth in the index at the end of […]

Mortgage Trust appoints new business development manager

Mortgage Trust has appointed John Clements as business development manager with immediate effect. Clements will be reporting to head of sales and marketing Austin Jelfs and will focus on enhancing intermediary relationships in the south west. He joins from Marlborough Stirling. He says: “I am delighted to join Austin and his team at such an […]

Pension Edge: Ros Altmann

Unions are recommending that the government introduce compulsory pension saving for all employees. Such a policy change would make a bad situation even worse, prolonging the current system and postponing the required overhaul. Our pension system is not working properly, and just compelling people to put money into it will not make it work better. […]

Japan 2017 Outlook: Abenomics 2.0

By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm