Which makes the UK commercial real estate sector look somewhat overvalued off a typical equilibrium point of risk free + 250 bps. Forget the GFC, the UK commercial property market was always up for a...
Type: Posts; User: thegreatdogwood
Which makes the UK commercial real estate sector look somewhat overvalued off a typical equilibrium point of risk free + 250 bps. Forget the GFC, the UK commercial property market was always up for a...
Or think it is a better use of capital if their unit price is structurally undervalued as a discount to NAV would suggest. Common practice as a parallel for Propcos, McKay securities for instance...
Significantly reduced position across most funds by end of Jan, don't know the precise position today
Indeed, and has "full" weighting to various other stocks too. But it is the exception to the rule with BG funds, etc...they do have a lot more funds than the 3 flagged
And as I said, most individual BG funds have less than 2% and are diversified. SMT is one trust, the OP said "Baillie Gifford (Scottish Mortgage Trust etc)" which is a multiple reference
Yes but most individual BG funds do not have more than 2% exposure to Tesla, same for Amazon. Diversification is everything to manage volatility.
That's a fair summation of the situation. If they were to split stock further again down the line to make it even more accessible to the many, sentiment can continue to drive the agenda, albeit that...
Currently back up 7.5%
You don't put in place an SDLT freeze at an estimated cost of £4bn if the market does not have structural problems. The only way prices hold up post freeze is if the whole economic position is...
Most retail propco funds have indeed gated. From September it is mandatory to suspend trading where there is material uncertainty around 20+% of the value of the funds holding, which would capture...
Spot on - Tesla is about scaling battery and driverless technology innovation for wider sale and application. Un-likely to ever make money in the narrower activity of merely developing its own cars...
Commercial values are falling, except for food-stores and long (20+) term indexed income against high grade covenants from other sectors which are seen as safe havens. Some High St Retail is...
Totally understand the sentiment, the juxtaposition is that if you are retired or nearing retirement and have managed your finances in a responsible way so as to be able to be self-sufficient in...
Totally agree. UK picture is less bad in relative terms to past currency movements.
Agreed - that really would be a step too far.
On a separate note I can imagine the debates that will follow over the small print of the Brexit settlement...…...
Totally agree - same about finding the top of the market too, the smart money comes out early, knowing that the risk / return ratio is unfavourable to stay in.