The fundamentals that have long drawn investors to the UK remain. Other factors are creating opportunities as well. We believe there are four that are particularly significant.
Post-Brexit Opportunities in Real Estate
The UK’s reputation as a place of business has suffered in recent years, thanks to Brexit. But despite the gloomy headlines – and the gloomy weather – we believe opportunity is returning to the market and the outlook for real estate after Brexit is positive.
Disclosures
The commentary in this video represents Fiera Real Estate UK (Fiera)’s views and opinions regarding the UK real estate market as of Feburary 18, 2020, provided for informational purposes only and with no obligation to update. Statements herein reflect Fiera’s assessment of information and data obtained from, and based upon, sources which Fiera believes to be reliable but whose accuracy cannot be guaranteed. Any charts, graphs, and descriptions of market history and performance contained herein have been included for illustrative purposes only and are not a representation that such history or performance will continue in the future, nor should they be used to assist in determining what securities to buy or sell, or when to buy or sell securities. The information provided in this video does not constitute investment advice and should not be relied upon as such. It should not be considered a solicitation to buy or an offer to sell any security or other financial instrument. Certain statements and information in this video constitute “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “project,” “estimate,” “intend,” “continue,” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results may differ materially from those contemplated in such statements. Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent with respect to any funds or accounts managed by Fiera. The information and opinions expressed herein are provided for informational purposes only, are subject to change and should not be relied upon as the basis of any investment or disposition decisions. Past performance is no guarantee of future results. All investments pose the risk of loss and there is no guarantee that any of the benefits expressed herein will be achieved or realized.
Each member of the Fiera Group of companies only provides investment advisory services or offers investment funds in the jurisdictions where such member and/or the relevant product is registered or authorized to provide such services pursuant to an exemption from such registration. These include the entities listed below. Where an entity operates under an exemption from registration (the “Exempt Entities”), only its jurisdiction of incorporation is listed. Details on the particular registration and offering exemptions for the Exempt Entities’ activities are available upon request.
- Fiera Capital Corporation – Canada, registered: (i) in the categories of exempt market dealer and portfolio manager in all Provinces and Territories of Canada (ii) in the category of investment fund manager in the Provinces of Ontario, Québec, Newfoundland and Labrador; (iii) as a commodity trading manager pursuant to the Commodity Futures Act (Ontario), (iv) as an adviser under the Commodity Futures Act (Manitoba) and, (v) in Québec, as derivatives portfolio manager pursuant to the Derivatives Act (Québec);
- Fiera Capital Inc. – United States, registered as (i) an investment adviser with the U.S. Securities and Exchange Commission (the “SEC”)* and (ii) a commodity pool operator with the U.S. Commodity Futures Trading Commission.
- Charlemagne Capital (UK) Limited – United States, registered as an investment adviser with the SEC*. United Kingdom, authorized and regulated by the Financial Conduct Authority.
- Charlemagne Capital (IOM) Limited – United States, registered as an investment adviser with the SEC*. United Kingdom, licensed by the Isle of Man Financial Services Authority.
- Charlemagne Capital Limited – A company registered in the Cayman Islands.
- Fiera Properties Limited – A corporation incorporated under the laws of the province of Ontario (Canada).
- Fiera Private Lending Inc. – A corporation incorporated under the laws of the province of Québec (Canada).
- Fiera Infrastructure Inc. – A corporation incorporated under the laws of Canada.
- Fiera Comox Partners Inc. – A corporation incorporated under the laws of Canada.
*Registration with the SEC does not imply a certain level of skill or training.
Some of the information provided herein is from third party sources and/or compiled internally based on internal and/or external sources and are believed to be reliable at time of production but such information is not guaranteed for accuracy or completeness and was not independently verified.
Discussions regarding potential future events and their impact on the markets are based solely on historic information and Fiera Capital’s estimates and/or opinions, and are provided for informational purposes only. A number of the comments in this presentation are based on current expectations and are considered “forward-looking statements.” Actual future results, however, may prove to be different from expectations. Furthermore, such statements are not intended to predict or guarantee the future performance of any individual investment strategy/style, security, asset class, markets generally, nor are they intended to predict the future performance of any Fiera Capital investment vehicle or portfolio.
This video was made possible through a media partnership between EG and Fiera Real Estate UK.
Fiera Real Estate, UK Division (“Fiera Real Estate”) is a related person through common ownership by Fiera Capital Corporation, the Firm’s parent company. Fiera Real Estate is located in London, England. FCC acquired 80% of Fiera Real Estate in 2019. Fiera Real Estate is the investment manager of certain closed-ended and open-ended pooled investment vehicles as well as separately managed accounts. Currently, Fiera Real Estate’s closed-ended fund is offered to U.S. investors and the Firm assists in this regard in the United States.