Invista closes in on £10bn with Wellcome brief

Total Invista Real Estate, the property arm of listed fund manager Insight Investment, has notched up a total £9.9bn (€15bn) in assets under management after it won a residential mandate for the Wellcome Trust, the UK's biggest charity.

Invista said it regards the residential property sector as a key growth area for its business, unusually for a UK real estate manager. Invista said the £325m brief "demonstrated confidence in the long-term prospects" of the sector.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump