Monthly Newsletter 2021

Welcome to our June Newsletter, which gives you details of the work we have been doing throughout the month.

We've had a number of exciting projects released to members recently, full details are below!  

Members should also remember that the deadline for submissions to the AREF Investors' Award for Outstanding Achievement, and the new Research Award, have both been extended to the 15th July, see full details below.

We hope you are keeping safe and well!

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

 

An update ahead of the summer holidays! from Paul Richards

Since my last Newsletter, the team has undertaken a huge amount of activity across consultation responses, events and collaboration with the IA. After the summer we expect to be involved, alongside members and other trade associations, in further engagement with policymakers around the consequences of recent policy decisions for the attractiveness of UK real estate.

Read more...

AREF Guidance for Investors : 'Questions to ask your Property Fund Manager'

We are delighted to release this simple guide, from the AREF Investor Committee. The guide is intended to provide some assistance to investors who may not be fully familiar with real estate investment and dealing with property fund managers.

Click to read the full guidance

Q1 2021 Property Fund Vision results

The PFV, otherwise known as the property researchers' bible, is available to all AREF members.

Click to view the results

 

Looking for volunteers to review 2020 Code of Practice Self-Certifications

Each year roughly 12 funds are selected for audit to ensure managers are completing the Self Certification process correctly and are running the fund within the spirit of the AREF Code of Practice.

Click to view the guidance document and for more information.

Property Investors' Voice - 7th July 2021

Let’s discuss what matters to you as investors. At these quarterly group video-call sessions, we invite you all to come together for 45 minutes and set your own agenda for discussion. Open to any and all qualified investors in property funds, no AREF membership required.

For more information and to register, click here...

See what's coming up on our Events Calendar!

Click to view

Don’t be left out of the index!

Click to view the deadlines for submission to the MSCI/ AREF UK Property Fund Index for Q2 2021. If these submission and signoff deadlines are not met your fund risks not being included in the index for this quarter.

Click to view

News

30 Jun 2021
FCA CP21/12: A new authorised fund regime for investing in long term assets (LTAF)

View AREF's response to the FCA consultation (CP21/12) on a new category of authorised open-ended fund called the long-term asset fund (LTAF).

News Article
24 Jun 2021
FCA consultation on enhancing climate-related disclosures

On 21 June the FCA published CP21/17 Enhancing climate-related disclosures by asset managers, life insurers, and FCA-regulated pension providers. View more on this consulta...

Active Consultation
24 Jun 2021
Post-event materials - Watch the recording: FutureGen Educational Series 2021 - Event 2

The AREF FutureGen Committee held the second, in our three part 2021 educational series focusing on 'Real Estate - The Investor's Perspective'. This event was kindly sponso...

Post-event Materials
23 Jun 2021
AREF Research Award - submission deadline extended to 15th July 2021

Due to popular request the date for submissions for the AREF Research Award has been extended to 15th July 2021.

News Article
23 Jun 2021
New cross-border distribution rules for EU AIFs

This is a reminder that, as part of wider set of new rules relating to cross-border distribution of funds (CBDF), new rules on the cross-border distribution of alternative ...

News Article
23 Jun 2021
The continuing rise of the REIT

Recent tax changes have made Real Estate Investment Trusts (“REITs”) a more attractive vehicle for UK property investment. This trend will only continue due to increased co...

News Article
22 Jun 2021
DWP response to consultations on improving outcomes for members of defined contribution pension schemes

View the DWP's response to their consultations on Improving outcomes for members of DC schemes and Incorporating performance fees within the charge cap.

Consultation Response
18 Jun 2021
REMINDER: Calling all Fund Members - award submission deadline extended to 15th July 2021

Reminder: the deadline for submissions to the Investors' Award for Outstanding Achievement has been extended to 15th July 2021. This year we have added new criteria - Cl...

News Article
15 Jun 2021
IA Europe update: New EFAMA President, Vice Presidents, and Board members

View the IA's update on changes at EFAMA.

News Article
15 Jun 2021
Vacancy on the Research & Information Committee

The Committee are looking for a volunteer from an Investment House, if you are interested in the committee please email jbungay@aref.org.uk.

News Article
14 Jun 2021
Post-event materials - Webinar: How to Tokenise an Asset - Monday 14th June 2021

This was a  highly popular event with over 100 members registered. Click to view resources and the recording from this event.

Post-event Materials
11 Jun 2021
Property Fund Vision Handbook Q1 2021

MSCI have just released the Q1 2021 Property Fund Vision Handbook (PFV). The PFV, otherwise known as the property researchers' bible, is available to all AREF members.

Property Fund Vision
09 Jun 2021
Post-event materials - Investor Webinar: Net Zero Pathways - 9th June 2021

This page is available to Investor members only. Click to view the recording of this event.

Post-event Materials
01 Jun 2021
Residential Property Developer Tax - HMT consultation

The government published a consultation on the design of the Residential Property Developer Tax ahead of its inclusion in the 2021-22 Finance Bill. The consultation runs un...

Active Consultation
01 Jun 2021
Simplifying the VAT Land Exemption – HMRC call for evidence

MRC published a call for evidence to look at potential options and ideas to simplify the land and property VAT exemptions. The call for evidence runs until 3 August 2021.

Active Consultation

 

Industry Initiatives you may be interested in...

28 Jun 2021
Investment20/20 - Autism Awareness Webinar - 7th July 2021

Investment20/20 will explore how autistic young people can be supported into a career in investment management. Click for more information about this webinar.

News Article
09 Jun 2021
The IA’s Path to Net Zero bulletin

View the IA's Path to Net Zero Bulletin - June 2021.

News Article
19 May 2021
Quarterly newsletter from Investment 20/20

Click to view.

News Article
21 Jun 2021
Event from Women Talk Real Estate

View this excellent courses, aimed at women in the RE Industry which we think may be of interest to our member.

News Article
27 May 2021
The Investment Association Annual Conference 2021

AREF members have been given a discounted rate to attend - Please quote 'AREF Member' when you book. 

News Article

Do you know of a fantastic industry initiative?

Please share this with us and we can include it in the next newsletter.

Email us

 

Upcoming Events

07 Jul 2021 London
Property Investors' Voice: For investors in real estate funds
Member Call
08 Jul 2021 London
'AREF Connect' - Our digital networking solution - sponsored by CMS
Networking events
21 Jul 2021 London
AREF FutureGen Educational Series 2021 Event 3: Ongoing Portfolio Management
FutureGen event
15 Sep 2021 London
Investor event: Diversity and Inclusion
Webinar

Sign-up your new Graduates

Do you have new Graduates starting in your firm? If so, then we’d be delighted to hear from them! As part of your AREF membership, graduates at your firm, along with any other FutureGen staff members, can join the AREF membership for free and become a member of the AREF FutureGen Network.

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

23 Jun 2021
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
23 Jun 2021
Education & Training Committee - Update

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

Committee Update
30 Jun 2021
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
23 Jun 2021
FutureGen Committee - Update

The Committee continue to meet for 'FutureGen Connect' virtual networking and have released the Educational Series for 2021. Click for more info.

Committee Update
30 Jun 2021
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
26 May 2021
Public Policy Committee - Update

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

Committee Update
24 Jun 2021
Research & Information Committee - 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
26 May 2021
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
29 Mar 2021
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.