TIME Investments delays transitioning social daily dealing property fund to hybrid due to SDR

Figuring out how retain the label

TIME Investments is working to convert another of its direct daily dealing property funds into a hybrid structure, but has delayed the move as it works with the regulator to retain its existing Sustainability Disclosure Requirements (SDR) label on the new model.

The firm is working to convert the TIME:Social Impact Property into a hybrid structure, following the transition of the TIME Commercial Long Income last month. TIME to transition daily dealing property fund into hybrid format The Social Impact Property fund was renamed at the end of last year to reflect its 'Sustainability Impact' SDR label, which manager Roger Skeldon said the firm is seeking to retain under a hybrid format. He explained to Investment Week, that while the fund's investment, ethos and governance would remain the same from a management perspective, the changed natur...