New Products
What's New In Investments, Funds? - Nedgroup Investments

The latest offerings in investments, such as funds, structured products, specific programmes and developments.
Nedgroup
Investments has launched two new sterling share classes for
its Global Property fund.
The group, which is based in South Africa, said the launch of
accumulation and distribution share classes follows “strong
performance” for the fund. It benefited from early allocations to
sectors that were resilient during the pandemic-induced lockdowns
- logistics, data centres and life science offices, for
example.
The share classes are in the fund-raising stage, and have around
$50 million in committed capital, with a “significant pipeline”
of interest and inquiries. Whilst the fund runs a growth
strategy, the income share class will benefit from a dividend
yield of around 3 per cent.
The fund, which puts money into global real estate investment
trusts, is run by Nedgroup Investments partner Resolution
Capital.