As part of our continued drive to increase transparency in the funds industry, this is the H1 2014 edition of this twice-yearly review commissioned from Property Funds Research (PFR) which gives a comprehensive picture of the real estate funds market globally using data gathered on nearly 3,000 funds worldwide
Please read the Chairman’s letter to members introducing the Fund Pricing Recommendations Report.
AREF has published recommendations for fund pricing aimed at ensuring the fair treatment of clients. The recommendations are in two parts: a method of determining the “Standard Net Asset Value” of a fund; and, for open-ended funds, a set of recommendations for determining the unit dealing prices. It will be necessary to produce the Standard NAV in order to comply with the minimum requirements of AREF’s Code of Practice with effect from 1 January 2015 and the Code of Practice will be updated accordingly.
Click to download the Survey of Financial Advisors Report from May 2014.
Click the link to download the latest Results from the survey.