| Some property funds have proved to be a lot more resilient than others in the face of Covid-19. While retail property has come under pressure, resulting in big downward revaluations of portfolio values and asset disposals, a number of industrial and office property funds have held up pretty well. Hammerson confirmed yesterday that it was in talks that could result in the sale of its retail parks in order to reduce debt. German-focused business park investor Sirius has acquired more properties during a year in which it continued to grow its rent roll despite the impact of the pandemic. Meanwhile, Renergen has reported more positive news after clinching a deal with an automotive supplier that will see the helium it's drilling for in the Free State used to fill air bags. Not such good news from Ellies, however, after the High Court granted a liquidation order for its manufacturing business. If you missed it yesterday, The Finance Ghost and Mohammed Nalla (Moe-Knows) discuss property investing and their respective views on whether buy-to-let is a good idea in Episode 20 of Magic Markets. You can access the podcast free by following this link. I hope you have a good day. Stephen Gunnion Managing Editor, InceConnect
The latest from Ingham Analytics Ahead of the game, Ingham Analytics had already analysed the options market which the Financial Times looked at in an article dated 10 April. Recent notes include "Is this true insanity?", "Is GameStop a bathtub drain?", "Stop the Game - I want to get off", "Turkey shoot?", "Archegos goes down, banks blow themselves up", "Is there an attachment point for equities?", "South African bond yields - COVID-19 infected?" and "Rate accelerator". Now also check out "Slap" which takes another look at Alibaba after the regulatory penalty this past weekend. Is Alibaba a buy or not? | 