UK pooled property funds booked their worst performance since September 1992 in the third quarter of 2007. The IPD' s All Pooled Funds Index shows that the funds returned a negative 1.3% in the quarter ending 30 September. This compares with a 2.0% return in the second quarter of 2007 and 4.4% in the same period last year.

UK pooled property funds booked their worst performance since September 1992 in the third quarter of 2007. The IPD' s All Pooled Funds Index shows that the funds returned a negative 1.3% in the quarter ending 30 September. This compares with a 2.0% return in the second quarter of 2007 and 4.4% in the same period last year.

This is the first time that UK pooled property funds have recorded a negative return since the fourth quarter of 1992, when they booked -1.0%. In September of the same year, they turned in their worst performace, returning -1.8%.