In September, we brought it to your attention that the path for suspended property funds to reopen had cleared as the Royal Institution of Chartered Surveyors began to remove the ‘material uncertainty’ clause. This was imposed on property funds in March following the coronavirus pandemic sending stock markets tumbling.
Coronavirus infection rates remain at a rising level, something the UK government is unwilling to tolerate. With the implementation of the three-tier lockdown system, and the intermittent closing of bars and restaurants, the opinions of the UK population seem to rest in two opposing camps:
Open ended property funds across the IA Direct Property sector are currently suspended owing to material uncertainty in valuing their assets amid the fallout from the coronavirus pandemic. However, previous waves of suspensions, notably including the one seen the wake of the 2016 Brexit referendum, were linked to mass redemptions that managers were unable […]
Yesterday, Donald Trump suggested that the U.S election needed postponing. Apparent fraud and inaccurate results could, according to the President, blight the 2020 election. Throw into the mix some of the dire economic announcements released recently and it is clear that, something that we have cautioned since March, markets could be volatile moving in to […]
Since the last update that has been provided on our website, the UK’s reopening has gathered significant speed. Households can now meet inside, travel corridors are being enacted with European countries and our local beeches have been filled with individuals from across the country. People who have warned of a second wave for this virus […]
Another week in the financial markets and hopes of a recovery have sparked a rise in the major market indices across the globe. Since our last website piece, the FAANG stocks have all reached new all-time highs (apart from Apple). The markets seem to be looking past the abyss of economic problems, in the assumption […]
Stock market history is packed with drama: the 1929 crash; Black Monday in 1987, when share prices lost 20% in a day; the dotcom mania in 1999. With such precedents, nothing should come as a surprise, but the past eight weeks have been remarkable, nonetheless. A gut-wrenching sell-off in shares has been followed by a delirious […]
Now that Boris Johnson has returned to full time work and next week we will receive a ‘comprehensive plan’ on how the economy will restart after the UK has past the peak, we seem to be seeing light at the end of the tunnel in our fight against COVID-19. However, whilst this is of course […]
The emergency airdrop of fiscal and monetary support provided to fight back in the battle against the coronavirus impact on the global economy continues to prevent further dives in the world markets. In fact, some markets have even rallied over the past weeks with the FTSE 100 recording its best week in 11 years after […]
From time to time, stock markets go through periods of uncertainty. This could be down to some poor economic news or perhaps due to a political crisis. The sharp falls that can be experienced at such times are understandably unsettling for investors. They can even tempt some to change their long-term plan by selling their […]
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