The Cost Transparency Study has been jointly commissioned by AREF and INREV. Cost transparency is an important issue and this study aims to provide a better understanding of the composition and calculation of selected fee and expense metrics for non-listed vehicles and listed vehicles, with a focus on total expense ratios (TERs). It is hoped that the findings will increase the information flow in this area and provide greater clarity and transparency for market participants. The consultation process will start early in 2017.
The value of the UK’s commercial property stock reached an all-time high of £871 billion in 2015, representing 10% of the UK’s net wealth, a new report from the Property Industry Alliance (PIA) reveals