AEGON Asset Management is mulling the launch of a feeder fund into the AEGON Target Healthcare Property unit trust, enabling retail investors to access it for the first time.
The feeder fund will have similar qualities to an investment trust, with the vehicle listed on the stock exchange, but it will only be able to invest in the Target Healthcare Property unit trust. The fund will access the top end of the healthcare sector, specialising in acute care homes. AEGON will seek to raise £100m for the vehicle if the launch gets the green light. A spokesperson for the group said: “We are considering a listed feeder fund approach as a way of providing wealth managers and high-net-worth individuals access to our Target Healthcare fund. “This underlying fund...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
