Fiona Rowley has only 10% cash in her property fund, which now tops £1bn in assets under management
After nearly two years of minimal investor interest, the property sector bounced back into favour late last year, dominating net retail sales in the fourth quarter. As manager of one of the retail market’s most popular pure property vehicles, M&G’s Fiona Rowley has seen substantial inflows in recent months, taking her Property Portfolio above the £1bn mark. While inflows have led to higher-than-historical levels of cash for many funds, Rowley has used the full resources of the Pru/M&G property division to deploy more than £350m into the markets since August. How has the property ma...
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