Ashcourt to launch property growth fund
UK – Ashcourt Asset Management is to launch the Residential Property Growth (RPG) fund in March, a real estate investment fund company that will purchase residential property throughout England and Wales.
The new fund, to be managed inhouse by Ashcourt, is designed to offer a lower risk alternative to traditional buy-to-let property investing. Guy Harris Cartwright (GHC) will act as placing agents for the launch, which means they will organise and arrange the fund’s list of investors for Ashcourt.
GHC says that investors are now looking for ways to diversify their portfolios and property as an asset class has benefited from the recent high volatility in the equity markets.