Dynamic Planner drops benchmark allocation to property

‘Not an investable asset class anymore’

Dynamic Planner, a provider of popular risk-profiling solutions for advisers, has decided to drop property as an asset class, which has been removed by its investment committee from the firm’s benchmark allocation.

The committee meets each quarter to assess and review the benchmark asset allocations for the 1-10 Dynamic Planner risk profiles, which are widely used across the investment industry. In its review for the third quarter of 2024, the committee argued property as an asset class has faced "difficulties since the Brexit vote in 2016", which has then compounded with the impact of the Covid-19 pandemic. The vast majority of property funds with daily liquidity were "severely affected" by large volumes of redemptions, which resulted in the gating of such strategies. This meant that Dynamic...