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L&G Rolls Out Hybrid Property Fund

Legal & General Property has launched a new property portfolio, the Hybrid Property Fund.

Legal & General Property (LGP) has launched a new property portfolio, the Hybrid Property Fund. It has rolled out the new product in partnership with Legal & General Investment Management.

The fund offers defined contribution pension schemes a option to invest in property funds, while managing volatility and liquidity. Around 70% of the fund will be invested in LGPs U.K. balanced fund and the remaining will be placed into LGIMs Global REITs Index Tracker Fund, adds Citywire.

Click here for the release from Legal & General.

Click here for additional coverage from Citywire.

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