MoneyAM Fund Centre

Quick Stats

Fund Objective

The Fund aims to provide a high and increasing level of income as well as capital growth over the long term (5 years or more). The Fund will be a Property Authorised Investment Fund (PAIF) for tax purposes at all times. The Fund invests at least 60% of its assets in UK commercial real estate and in shares and bonds of UK companies in the real estate industry. The Fund is actively managed with reference to the IA UK Direct Property sector average, which is based on a peer group of broadly similar funds, as this can provide a useful comparator for assessing the Fund’s performance.

Fund Managers

Marcus Langlands Pearse

Marcus Langlands Pearse manages the Janus Henderson UK Property PAIF at Nuveen Real Estate, formerly TH Real Estate, which was formed in 2014 as a joint venture between Henderson Global Investors and TIAA-CREF. TH Real Estate was renamed Nuveen Real Estate in January 2019 to consolidate under the investment umbrella brand of Nuveen. Marcus joined Henderson in 2009 as a director of UK property following the acquisition of New Star Asset Management, where he was an assistant fund manager. He also worked in private equity with a property focus and on the property investment and property finance teams at HypoVereinsbank. Marcus has a MA degree (Hons) in geography from Edinburgh University.

Ainslie McLennan

Ainslie McLennan is Head of UK Balanced Funds and Fund Manager of Janus Henderson UK Property PAIF at Nuveen Real Estate, formerly TH Real Estate, which was formed in 2014 as a joint venture between Henderson Global Investors and TIAA-CREF. TH Real Estate was renamed Nuveen Real Estate in January 2019 to consolidate under the investment umbrella brand of Nuveen. Ainslie joined Henderson in 2002, running commercial property fund mandates investing both directly and indirectly in UK and European markets until 2014. Prior to Henderson, she worked for a private property investment practice in Scotland. Ainslie graduated with a bachelor of land economy degree (Hons) from Aberdeen University. She is a member of the Royal Institution of Chartered Surveyors and the Investment Property Forum. She has 22 years of property industry expertise.