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Income investors flock to commercial property trusts

As liquidity concerns repel them from open-ended funds Commercial property investment trusts stand out as one of the most attractive sources of income in the market today, according to Philip Matthews, co-manager of the TB Wise Multi-Asset Income Fund. While investors continue to avoid open-ended property funds owing to liquidity concerns, Matthews said the yield on offer within UK commercial property investment trusts makes them an appealing source of income, after what has been a tough year for the sector. “Despite entering the covid crisis on depressed share prices following three years of uncertainty post the Brexit vote, the impact of covid has seen the net asset values (NAV) of many quoted property companies reduced by valuers in the face of material uncertainty over the sector’s outlook,” he said.

Purpose Investments Inc Announces May Distributions

Income Tax Act (Canada) and any similar provincial and territorial legislation. (2) Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with more than $11 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Atalaya Capital Management Closes Fifth Asset Income Fund at $1 Billion Hard Cap

Atalaya Capital Management Closes Fifth Asset Income Fund at $1 Billion Hard Cap
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