As part of its bid to win the investment advisory mandate of Home REIT, RM Funds has appointed Chris Jones, former managing director of Places for People Capital, as a senior advisor.
The Edinburgh-based real assets and credit manager said that Jones has been appointed as "part of the firm's commitment to developing solutions for the social infrastructure sector". RM Funds is currently competing to replace Home REIT's former investment adviser Alvarium, which presided over the trust during a period of various scandals, including the collapse of two of its tenants, which comprised 12.5% and 5.7% of the company's annual rent roll. After the boutique launched its bid on 27 February, portfolio manager Pietro Nicholls told Investment Week, that about 30% of the sharehol...
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