Tag: Quilter
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M&G Shuts Down £565mn Property Fund Amidst Waning Investor Interest
M&G, a prominent fund manager, has announced the closure of its property fund valued at £565 million. This decision comes in the wake of continued outflows from UK retail investors, who appear to be retreating from a real estate market perceived as struggling. This fund’s closure isn’t an overnight occurrence; it’s the culmination of fluctuating…
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CGT Figures Show Landlords are Leaving?
Many landlords may be leaving the “buy to let” property sector, according to the latest Capital Gains Tax (CGT) figures from the government. Wealth Management firm Quilter has interpreted this data as a sign that more landlords are choosing to sell their properties, and thus exit the market, due to a combination of factors. One…