View more on these topics

Noble branches into property

Noble Fund Managers is starting a property investment arm that will offer a range of products to high-net-worth investors.

Leading the team will be Steve Taylor and David Cunnington, who have moved to Noble from Close Brothers where they managed the syndicated and commercial property portfolios.

The group will offer funds to retail and institutional investors but says it is trying to move towards targeting the man in the street and will be offering products with a minimum investment of £5,000.

The range will include open-ended unitised products and closed-ended single-transaction deals.

This is the first time Noble has raised funds for direct commercial property investments but the group invested over £500m in private finance initiative deals over the last four years.

Director Steve Taylor says the group is aiming to offer a different choice for property investors who are looking for actively managed funds with a different risk profile.

Chief executive Henry Chaplin says: “Noble Fund Management is actively developing new funds in growth areas. We are extremely pleased that Steve and David have joined us and they will be supported by experienced property asset managers.

“The property focused nature of the team is designed to produce strong results for all investors.”

Recommended

Gartmore backs the Baabaas

Gartmore is sponsoring the Barbarians rugby team for an initial two-year period. The deal puts the Gartmore name on the team&#39s jerseys first game under the new sponsorship will be against Leicester Tigers at Leicester March 3 and highlights include Scotland at Murrayfield on May 22 and England at Twickenham on May 30.

Bankhall forms partnership with Paymentshield

Bankhall and Paymentshield have come together to offer mortgage advisers a one-stop product and compliance stop for upcoming FSA regulation of mortgages and general insurance.Paymentshield is a specialist provider of mortgage payment protection insurance and also offers life and critical illness cover.Bankhall says the move follows its recent alliance with Premier Mortgage Services and creates […]

Property bubble to burst and expose misselling of self-cert

House prices will fall by 30 per cent within two years, resulting in widespread allegations of misselling throughout the mortgage market, says investment bank Durlacher. The report&#39s author, analyst David Pannell, believes that the predicted downturn in the housing market will result in mortgage lending falling by more than half and will bring a flood […]

CII sets out framework for qualifications

Industry sources believe the Chartered Insurance Institute could be positioning itself to step into the role of the Financial Services Skills Council if it fails to deliver. The FSSC is being criticised for what many see as an inability to bring qualifications and exams to financial services. Last week, the FSSC said there would be […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com