Premier AM's Birrell: Why commercial property still presents opportunities

Premier Asset Management's chief investment officer and fund manager Neil Birrell shares why he believes commercial property continues to offer value in his Diversified fund despite a tumultuous year for the sector.

The £52m Premier Diversified fund has returned 19.2% over one year to 12 September, according to FE, versus returns of 10.3% by the IA Mixed Investment 40%-85% Shares sector. In favour: Commercial property and Europe Although it may seem self-evident that owning cheap assets, or ones that are priced at attractive valuations, is the correct stance to take, that is not always the case. Some assets appear cheap for a reason but stay that way, others simply do not offer any potential for profit and are priced accordingly. However, there is little doubt that when asset prices are at...