Asset Management

M&G Investments to reopen suspended property fund

Almost all of the large asset managers that suspended trading in real estate funds after the Brexit vote have now reopened the gates

M&G Investments to reopen suspended property fund

M&G Investments has become the latest asset manager to announce it will lift the suspension on its open-ended UK commercial property fund, after a spate of closures following the Brexit vote.

The M&G Property Portfolio will resume trading on November 4, the company said in a statement on October 21. The fund's size was £4.4 billion when trading in it was suspended on July 5, making it the largest of its kind at the time.

WSJ Logo
Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached