UK direct property was the top-performing investment sector in 2018, with only eight sectors experiencing growth, according to research by investment manager Tilney. The top performer among the Investment Association’s 37 categories was UK direct property, which grew 4.75%, followed by UK index-linked gilts, with a return of 3.25%. The UK’s top performer is financial services and insurance, which saw a rise of more than 6% on average over the year, while construction fell 0.4%. UK gilts, technology and telecommunications, global bonds, money market, short-term money market, and several other property classes also experienced growth. The biggest decline came from European smaller companies, which fell 14.42%. Meanwhile, Brexit uncertainty has hit investor optimism in UK shares, corporate bonds and property, according to a survey by Lloyds Bank Private Banking.
UK direct property was the top-performing investment sector in 2018, with only eight sectors experiencing growth, according to research by investment manager Tilney. The UK’s top performer is financial services and insurance, which saw a rise of more than 6% on average over the year, while construction fell 0.4%. UK gilts, technology and telecommunications, global bonds, money market, short-term money market, and several other property classes also experienced growth. The biggest decline came from European smaller companies, which fell 14.42%. Meanwhile, Brexit uncertainty has hit investor optimism in UK shares, corporate bonds and property, according to a survey by Lloyds Bank Private Banking.