November Monthly Newsletter

  • November saw a significant recovery in global markets which rallied on the news of two successful trials of Covid-19 vaccines, as well as the view that a constrained Biden Presidency will be positive for the US economy, with a Republican-controlled Senate delivering both an effective stimulus plan, but limiting radical legislative change.
  • The Atlas High Income Property Fund gained 12% in November, a pleasing outcome.  2020 has proven to be a very volatile year for real estate, with the dire predictions in March that office towers, shopping centres and toll-roads will become little used redundant assets proving to be incorrect.
  • In an environment where interest rates are close to zero, we continue to see the market will re-rate property trusts that can deliver a stable stream of dividends to investors.

Go to Monthly Newsletters for a more detailed discussion of the listed property market and the fund’s strategy going into 2021.