View more on these topics

Seven Dials enters Fof arena with European property fund

UK commercial property analysts Seven Dials Consulting has entered the fund of funds market with a European commercial property fund.

Until now, Seven Dials has focused on providing investment research and helping other companies to launch property funds on a consult-ancy basis. It sees the fund as a natural extension to the work it has been doing and will concentrate its resources on moving into fund management.

The Seven Dials European property fund is open to both retail and institutional investors but will only invest in institutional property funds. It will focus on mainstream parts of continental Europe across different sectors but it has the ability to invest in funds that hold UK property. Eastern Europe will be avoided as Seven Dials believes the risks are higher than the potential rewards.

Chief executive Brett Robinson says it was important to provide a fair and transparent charging structure for the fund, particularly as Seven Dials has publicly criticised the level of fees taken by other property fund managers.

Although the fund has an initial charge of up to 3 per cent, all this will be paid as commission. There is an ann-ual management charge of 0.45 per cent but there is an option to increase this to 0.95 per cent to cover 0.5 per cent renewal commission.

Robinson says: “We are not a direct property manager, what we are good at is analysing other people’s propositions.”


Government should pay war bonds

Perhaps many of your readers will agree with me that confidence and trust are two of the most critical factors for people making financial plans and saving for their future. In this regard, I am delighted that we have now finally repaid our Second World War debt to the US. I also note that this […]

Managers see bond revival

Bonds are expected to deliver stronger returns this year, with global interest rate rises expec-ted to slow.Stronger economic growth and higher inflation than anticipated last year held back returns but leading managers are predicting a more benign environment for fixed interest in the next 12 months.M&G head of retail fixed income Jim Leaviss says the […]

Our strength lies in being diverse

I am pleased that Nic Cicutti is continuing the debate in his column about the possible demise of the “old model adviser”. The most significant comment that he made in last week’s piece was: “That’s why I don’t believe one business model is the salvation for the industry.” I could not agree more. One of […]

Graphic content – December; the countries most exposed to a rise in protectionism

President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]


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