How investors were fooled by the Carillion mirage
Carillion’s investment story, like other firms before it, ultimately evolved into something that sounded too good to be true. Its collapse on Monday raises many questions, namely, at the stage it was in before entering liquidation, who would have even wanted to own it?
Woodford-backed Purplebricks sees shares slide on £8.2m loss
Neil Woodford’s favourite online estate agent Purplebricks failed to woo markets with its half year figures after posting an £8.2m ($10.9m, €9.3m) loss.
Listed property funds can beat the real thing, says Blackrock
Listed real estate funds offer investors some added advantages over the physical market, says James Wilkinson, BlackRock’s co-global chief investment officer for property funds.
Property back in the black, but have lessons been learnt?
Some 12 months on from the carnage open-ended property funds experienced in the wake of the Brexit vote, investors seem to be returning to the sector once more.
JP Morgan: It’s time to start loving industrials again
The global economy is finally emerging from the doldrums of the financial crisis and it is a prime time to move into more ‘unloved’ industries says Francesco Conte, co-manager of JP Morgan’s European smaller companies investment trust.
News 7 Apr 17
UK committed to public beneficial ownership despite concerns
A first-of-its-kind public beneficial ownership register of overseas companies that own UK property is being pushed forward by the UK government despite concerns that the information should not be made freely available.
Singapore investors report N America property scheme to police
Five Singaporeans, including two people in their 70s, who invested in a company offering attractive returns on real estate investments in the US and Canada, have reported the company to the police.