• Register here.
• CPD:  1 hours CPD will apply for this event. Both telephone and online participants can avail of CPD provided they register for this event beforehand, remain online for the duration of the event and participate individually.
• Dial in details:
  • Ireland toll free:1 800 930 488
  • Standard International access: +442030032666
  • Passcode: 29156

REGISTER FOR THE WEBINAR

On 20th February, Aviva Investors held a successful UK & European Property Fund Webinar, with over 650 brokers dialling in. In the webinar, Philip Nell  (Head of European Retail Funds - Real Estate), Andrew Hook (Director - Real Estate), Brian O'Nuallain (Business Development Manager) outlined the opportunities for property in these geographical areas in 2014.

• You can listen to the playback to the webinar here.
• Download Aviva Investors' Market Edge piece:  Medium term prospects for European Commercial Property Improving here.
• Download our UK Property Monthly Update here.
• Download our European Property Update here

Market environment

• Overall, the global financial markets were sedate in February. Economic recovery in Europe continued and US Federal Reserve chief Janet Yallen chose to keep going with the specified taper programme.
• Emerging markets fell out of favour in February.
• The global fund flow shifted slightly as investors move out of US equity funds to bond funds, European equity and Japanese equity funds.
• The start of 2014 has been good for gold, with buying coming in. The upshot of this is that the price of gold has risen by 10.5% since the start of the year.
• Central bank policy, particularly in the US, Japan and Europe continues to dictate interest rates will stay low.

Fund performance

• On the back of a strong gold price the BlackRock Pension Gold Fund rose 9.82% over the month. The BlackRock Mining Fund, Energy Fund and New Energy Funds also had a strong month rising 6.42%, 5.68% and 3.39% respectively (all based on pension fund performance).
• The Dynamic Multi Asset and High Yield Equity Funds rose 2.21% and 1.88% respectively.
• Our property funds continued their strong performance with the Irish Property Fund Series 2, UK Property Series 2 and European Commercial Property Funds rising by 1.86%, 0.6% and 0.44% respectively (all based on pension fund performance).  The long-term track record of the UK Property Fund is impressive as you can see from the table below:

Thanks to everyone that entered our recent competition to win tickets to see Ireland play Italy at the Aviva Stadium. The winners are:

• Tom Ormsby, Tom Ormsby Financial Solutions, Westmeath.
• Cathal Flynn, O’Leary Life & Pensions, Cork.
• Fran Cooke, All Financials, Dublin