This content is from: Corner Office

Fidelity Unveils CBRE Fund On DC Platform

Fidelity has rolled out the CB Richard Ellis U.K. Property Fund on its defined contribution platform.

Fidelity has rolled out the CB Richard Ellis U.K. Property Fund on its defined contribution platform (DC), Professional Pensions reports. The vehicle is structured as a property authorized investment fund, a tax efficient vehicle for U.K. property investors with a dedicated feeder fund to provide DC investors with liquidity.

Fidelity intends to use the fund as the property component in a larger diversified, blended white-labeled fund. Fidelity’s DC platform has a U.K. bricks and mortar fund run by Threadneedle, hybrid property funds run by Standard Life Investments and L&G Investment Management and global REITs funds run by Invesco and Fidelity.

Click here for the story from Professional Pensions.

Related Content