Seven Dials moves into offshore funds

The company, which originally specialised as a property fund advisory and research house, became a regulated fund manager in March 2006 and will work through IFAs to deliver its first fund, the Seven Dials European Property Fund. It claims the fund-of-fund is the first of its kind in the UK as it offers diversified exposure to the pan-European commercial property market, and will be focused mainly on holdings in Western Europe such as Germany, France, Holland and Italy. Brett Robinson, chief executive of Seven Dials, says the company made the decision to move into fund management after ...