Target-Date Funds Look to Dampen Volatility in Their Bond Holdings
Target-date funds are meant to be the ultimate set-it-and-forget-it long-term investment vehicle. But for investment managers, there has been a percolating...
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Green shoots of recovery for UK house prices
House prices may flounder in the first months of 2024But the stage is set for a recovery in the second half of the year Last year proved difficult for the UK property market. House prices stagnated, falling by around 2 per cent in the year to November, as the chart below shows. Looking at mortgage rates, it's not hard to see why: the average rate for a two-year fix peaked at an eye-watering 6.11 per cent in July last year. Affordability for first-time buyers was stretched, while borrowing more to...
Inside Cristiano Ronaldo’s property collection, from Madeira to Madrid – he sold his Trump Tower apartment at a loss, but did he just add a Dubai home on Billionaire’s Island to his portfolio?
With that much money, luxury homes are a given. Here is a look at Ronaldo’s incredible estate portfolio.Meet Usher’s Sony...
Elderly couple told they had to sell home to house asylum seekers
Councils are compulsorily purchasing empty properties to meet a surge in the number of asylum seekers being granted leave to...
Property expert lashes out as Home Office ‘builds up stock of 16,000 houses’ for asylum seekers: ‘Disgrace!’
Property expert Russell Quirk has lashed out at the Home Office after it was revealed they have built up a...
Kenyan shilling reverses decline against global currencies-Xinhua
Kamau Thugge, Nominee for the position of governor at the Central Bank of Kenya, takes an oath in County Hall,...
Value of UK’s housing stock fell by £27bn in 2023, says property firm
Around £27 billion was wiped off the value of the UK’s housing stock last year, amid higher mortgage costs and...
New York expands Digital Currency Group lawsuit to seek $3bn
New York Attorney General Letitia James has filed an amended lawsuit against crypto firm Gemini and Digital Currency Group,...
Halifax reports surprise jump in house prices — but agents, lenders and analysts call for caution
The latest figures from Halifax are a step in the right direction, but there is plenty of uncertainty and negative...
Britain’s biggest Reits hunt for regulatory reform
“This is the first election for decades where all of the main parties are talking so much about housing, about planning and about infrastructure," says Melanie Leech, chief executive of the British Property Federation (BPF), UK real estate’s biggest lobby group, as she addresses the head honchos of the UK’s biggest property companies.Around the table are the bosses of Segro (SGRO), Land Securities (LAND), British Land (BLND), Grainger (GRI) and NewRiver (NRR), as well as the head of Legal & General's (LGEN) real assets business. They assembled to unveil the BPF’s election manifesto, a shopping list of policies...