Money Marketing
How have property funds fared a year on from lockdown?
As we approach the one-year anniversary of the UK entering lockdown, how have property funds fared when most remain empty?
By Charlotte Richards 15
th March 2021 11:27 am
As we near the first anniversary of the UK’s initial Covid lockdown, many people are still working from home. The end of lockdown may finally be in sight but remote working looks set for the long term, with some companies opting not to renew office leases.
It remains to be seen just how many firms will do so, and whether it will become commonplace.
Investment Week is hosting its Global Emerging Markets Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain.
During this interactive briefing, we will hear from a number of global emerging market managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond.
The managers will identify where they are seeing the biggest opportunities and risks at the moment in emerging markets and explain the role their strategies could play in client portfolios.
Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points
Partner Insight: Retirement post-Covid: We need to get back to basics
Canada Life
On the list of things that could derail the pensions market in 2020, a global pandemic was low down. Yet as lockdowns continue to impact employees, businesses and the economy, hundreds of thousands of people are also facing the prospect of revising their retirement plans.
Some are having to work longer than anticipated whilst others access their pension savings early to bridge income gaps. Analysis by the Institute for Fiscal Studies (IFS) found 13% of older workers changed their retirement plans as a result of the pandemic. Around 8% of individuals are planning to retire later, with a smaller percentage retiring earlier.
By IPE staff2021-01-28T13:52:00+00:00
Canada Life Asset Management has invested £26.5m (€30m) to develop a UK car park.
The £40bn asset manager has bought a 140-year leasehold interest in a site forming the first phase of Adanac Health & Innovation Campus, Southampton for University Hospital Southampton NHS Foundation Trust.
Canada Life said it will invest the £26.5m to fund the construction of a 1,000 space multi-storey park and ride car park which is expected to be complete in April next year, after which the hospital trust will enter a 40-year leaseback agreement.
Michael White, the head of UK property at Canada Life Asset Management, said the car park will free-up space and congestion in and around the General Hospital campus to enable increased capacity for future additional frontline services.