View more on these topics

Sideways Glance – To the Manoir borne

One of the best investments I ever made was in the Holiday Property Bond, an FSA-regulated investment in a wide selection of international leisure property.

I must declare an inter- est as I have also done some work for the Holiday Property Bond over the years. The investment is much better value than timeshares and now has over 35,000 investors, more than 1,000 holiday properties and around 200m under management.

I have enjoyed many good holidays, particularly in France and Italy, but there are also many high-quality UK properties and others around Europe and further overseas.

An extraordinary thing about this innovative product is that the satisfaction level of bondholders in a recent poll was 97 per cent and, furthermore, over 48 per cent have invested more in the bond after having been on holiday. Annual encashments have averaged less than 1 per cent of the fund.

Fairly recently, the Holiday Property Bond entered the IFA market and details can be found at It is now looking for link-ups with IFA networks, build- ing societies and insur- ance companies.

In my opinion, the main reasons for its success are the high quality of the holiday properties, the locations and the first-class management, led by the energetic managing director, Geoffrey Baber, and his team.

Some of the properties I particularly like are old buildings which have been tastefully renovated. Good examples of this are Manoir de Hilguy in Brittany and converted villages in the Dordogne and Tuscany. New developments such as La Gomera in the Canary Islands are also first class.

It must be remembered that the bond is an investment in holidays rather than a pure monetary investment although the bond should rise in value in the longer term.


Berrington builds care centres

Berrington’s medical prop- erty fund is on track to build five NHS primary care centres this year, including retail and pharmacy units alongside GP consulting rooms. The fund has accrued 140m since its launch in November 2003 and is due to spend 120m this year on the construction of the brand new primary care centres […]

F&C recruits Mann to emerging debt desk

F&C Asset Management has recruited Jonathan Mann as director, emerging debt.Mann joins from Standard Asset Management, which is a division of Standard Bank.He will report to Helene Williamson who is head of emerging debt.Mann has worked for CRU International and GT Asset Management (now Invesco Perpetual), joining Standard Asset Management in 2004 where he has […]

McCarthy slams EU over directive

FSA chairman has attacked the EU for its handling of the markets in financial instruments directive at the FSA conference last week. He branded the EU irresponsible for failing to conduct a cost benefit review before issuing the directive and said it was far from clear that the benefits to the UK would outweigh the […]

Standard Life highlighting male cancer rates

Standard Life is releasing its claims statistics for testicular and prostate cancer to raise awareness of the diseases. Testicular cancer is the most common form of cancer for men and accounted for 23 per cent of all male cancer claims at Standard Life in 2004. The insurer paid out 1.5m on 17 claims, with one […]


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