Monthly Newsletter 2020

 

Welcome to the AREF Newsletter, this gives you a snapshot of the work we have been doing throughout October.

We hope you are all keeping safe and healthy, and have a wonderful Halloween weekend!

Many of our news items are for members only so please create a loginThis will also allow you to book on our events. 

 

Autumn is upon us - an article from Paul Richards, MD

"October seems to have flown by, the clocks have gone back and we are already in the days of early dusk. I hope everyone is well and keeping safe." Read more from Paul on new members, MUCs, FCA CP20/15 on liquidity, CVAs, and the shift from DB to DC.

Click to view

Nominations revealed! AREF Annual Awards 2020

We are delighted to announce the nominations for our Affiliate of the Year Award! Winners will be announced on Friday 11th December.

Click to view who has been nominated

Another five new members join AREF!

This wave of new memberships is a testament to the value AREF continues to bring to our industry, perhaps particularly so during these more challenging times. This has been a huge year for the association.

Read more...

News

28 Oct 2020
HMRC consultation: ISAs and authorised open-ended property funds

HMRC are consulting on authorised property funds continuing to be held in ISAs. AREF will be responding to this consultation.

Active Consultation
28 Oct 2020
IA Brexit update: Negotiations in the final stretch

An update on the state of negotiations, new guidance on the EU STO, and essential guidance from the FCA concerning no-deal preparations and fund documentation.

News Article
23 Oct 2020
AIFMD review consultation - deadline 29 January 2021

The European Commission have published a public consultation on their review of the Alternative Investment Fund Managers Directive (AIFMD). The deadline for responses are 2...

Active Consultation
20 Oct 2020
EC publishes consultation on the functioning of the ELTIF regime

The European Commission have requested feedback by 19 January 2021 using the online questionnaire.

Active Consultation
16 Oct 2020
Near final draft response to FCA CP20/15

Click to read the a near final draft response by AREF and the Investment Association (IA)

Active Consultation
14 Oct 2020
AREF Member discount to CREFC Europe Autumn Conference

CREFC Europe is extending an invitation to our members to join their first virtual conference this November at a discounted rate.

News Article
14 Oct 2020
IA Sustainable Finance Regulatory Overview

The IA has produced an overview of incoming regulatory requirements in sustainable finance. It is intended to help firms ascertain the extent to which their products are ca...

News Article
07 Oct 2020
RICS commissions independent review of real estate investment valuation practices

The review will examine the way valuations of property assets for investment purposes are conducted and make recommendations to ensure valuation practices remain robust and...

News Article
06 Oct 2020
FCA CP20/20: Our Approach to International Firms

The FCA have released CP20/20: Our approach to International firms providing or seeking to provide financial services that require authorisation in the UK. 

Active Consultation
06 Oct 2020
Member Update - ESMA publishes its Work Programme for 2020/21

A summary of the ESMA work program from David McCarthy, Investment Association

News Article
02 Oct 2020
FRC UK Stewardship Code

The UK Stewardship Code 2020 took effect on 1 January 2020 and sets high expectations of those investing money on behalf of UK savers and pensioners.

News Article

Upcoming Events

11 Nov 2020 London
AREF FutureGen Educational Series 2020 'The Bricks and Mortar of Real Estate' Event 3: Valuations
FutureGen event
24 Nov 2020 London
Investor Webinar: Brexit Negotiations & US Elections
Webinar
25 Nov 2020 London
AREF Sustainability Series: Event 1 – Net Zero Real Assets: from Ambition to Reality
Webinar
11 Dec 2020 London
Annual Award Ceremony 2020
Awards ceremony

'FutureGen Connect' - our digital networking solution

With the recent Covid-19 crisis and the move to working from home, we realise that important networking opportunities have been put on hold. We have therefore launched 'FutureGen Connect' - offering our FutureGen Network the opportunity to expand their network digitally.

Click to join

Watch the recording: FutureGen Educational Series 2020 - Event 2

The FutureGen Committee held a very successful educational webinar on 20th October 2020, the second in a series of three. Watch the replay and view the slides. This Series is kindly sponsored by Carey Olsen.

Click to view

Our online events!

Gain some valuable hours of CPD whilst working from home! View our selection of previously filmed events which cover a range of subjects that remain highly topical, including the very popular Social Impact Investing events

View online events

Join our LinkedIn Member Forum

Keep up with all the latest news through our secure LinkedIn Member Forum. This Forum is exclusively for AREF members and is a great way of keeping up-to-date with news and events. Follow the link and click ‘Join’.

Join today

Join the FutureGen Network

AREF is committed to investing in our future! We have over 400 future generation members in our Network. If you would like to join and receive updates on events and industry news, click below.

Join today!

 

Committee Updates

29 Sep 2020
Corporate Governance Committee - Update

The Committee is working on: Guidance for Code of Practice compliance reviews and preparing the Code for 2021. Click for more info.

Committee Update
27 Oct 2020
Education & Training Committee - Update

The committee is working on: Delivering an events programme for 2020/ 2021. Click for more info.

Committee Update
29 Sep 2020
ESG & Impact Investing Committee - Update

The Committee is working on ESG metrics reporting. Updates to AREF's Code. Social Impact Investing events. TCFD reporting requirements. Click for more info.

Committee Update
27 Oct 2020
FutureGen Committee - Update

The Committee have launched 'FutureGen Connect' virtual networking and are hosting the 2020 Educational Series webinars 'The Bricks and Mortar of Real Estate'. Click for m...

Committee Update
29 Sep 2020
Investor Committee - Update

Currently looking at: LGPS Pooling; ESG metrics; BREXIT; and secondary market trading. Also assisting AREF on a paper for investors. Click for more info.

Committee Update
29 Sep 2020
Public Affairs Committee - Update

The Committee is looking at fund liquidity management, Brexit, and the Professional Investor Fund. Click for more info.

Committee Update
29 Sep 2020
Research & Information - Update

The Committee is assessing MSCI’s proposal to change the methodology for index calculations. Also it is commissioning a research project for 2020. Click for more info.

Committee Update
29 Sep 2020
Retail Funds Committee - Update

The Committee is currently leading AREF’s response to FCA CP20/15 and considering whether indemnities should be permitted for property sales. Click for more info.

Committee Update
28 Aug 2020
Tax Committee - Update

The Committee is liaising with HMRC on draft guidance on NRCGT, and requirements the 'Making Tax Digital' initiative, as well as tax measures in the Spring Budget. Click ...

Committee Update

 

The Association of Real Estate Funds (AREF) is the body that represents the interests of its fund managers, those firms that advise and support them and the end-investors. For further information, please visit our website.