Since the Brexit referendum the Janus Henderson UK Property PAIF has continued to hold a higher level of cash in the face of continued political and market uncertainty, and remains open for dealing. During this webcast Co-Manager Ainslie McLennan explains that the fund’s emphasis is on holding a broad mix of high-quality properties with robust tenants on long leases in good locations. The diversification that comes from maintaining a balanced portfolio means the fund is not heavily exposed to one particular sector.