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Shareholders approve LGIM open-ended property fund restructure

Shareholders have approved Legal & General Investment Management’s proposal to restructure its UK Property fund (PAIF) to a hybrid strategy.

Legal amp generalLegal amp general investment managementJames crossleyUk propertyL ampg uk propertyL ampg paifMatt jarvisOpen ended property

LGIM proposes open-ended property fund restructure to hybrid model

LGIM has proposed changes to its L&G UK PAIF, shifting the vehicle from a direct property focus to a hybrid fund offering exposure to REITs.

Financial conduct authorityUk propertyK direct propertyL ampg uk propertyL ampg paifLegal and general investment managementOli creaseyQuilter cheviotJames crossley

LGIM mulls increased REIT exposure in potential hybrid solution to open-ended property question

LGIM has posited a potential REIT exposure increase in its PAIF to address questions about the nature of daily dealing property funds

Central bedfordshireUnited kingdomJames crossleyLg united kingdom property fundGeneral united kingdom property feederWoodside industrial estateQuilter cheviotL ampg paifL ampg uk property fundEgal amp general uk property feeder fundOpen ended propertyOli creaseyQuilter cheviot

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