All articles by Jenny Davey (old contact) – Page 2
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News
Boots and Thorn clear out property holdings
Two small UK pension funds have joined the institutional exodus from property this year to escape extortionate management costs and high risks. Boots Pension Fund Trustees and Thorn EMI Pension Fund plan to sell more than £200m worth of property between them and reinvest in gilts and equities. FPDSavills ...
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News
Funds stalk Richardson scheme with £100m bid
Henderson Investors and British Airways Pension Trustees have made an unexpected £100m swoop for Manchester s biggest leisure scheme. The two funds have approached Richardson Developments to take control of the flagship leisure development the Printworks. The scheme is believed to be under offer for £98m, which ...
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