Square Mile has lifted its suspension of the recommended rating for Janus Henderson UK Property PAIF, while four funds were awarded the A rating in the research firm's Academy of Funds ratings round-up for August.
Janus Henderson suspended dealing in the fund in March 2020 and it remained closed until February 2021. Despite this, Square Mile maintained the rating suspension so it could monitor the fund's progress and see how the team at Janus Henderson would handle potential outflows upon reopening the fund to investors. Cash in the fund at the at the end of July stands at 16.5% and Square Mile's analysts said they are comfortable with the liquidity management undertaken by Janus Henderson. They have now reinstated the recommended rating of the fund. The ratings round up for August included f...
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