U.K.'s NEST adds 2 real estate funds

National Employment Savings Trust Corp., London, Britain's national auto-enrollment defined contribution system, added two Legal & General Investment Management direct real estate funds, confirmed spokesman Grant Bather.

NEST added the Managed Property Fund (U.K.), which invests directly in commercial property in the U.K., and the Global Real Estate Equity Index Fund, which invests in real estate company shares around the world.

The two funds will be the ninth and 10th underlying investments in the trust's target-date funds.