Investor panic withdrawals force M&G to suspend £2.5 billion property fund
Investor panic withdrawals force M&G to suspend £2.5 billion property fund
During the suspension period the annual fund charge will be cut by 30%
Tom Bailey
Thu, 12/05/2019 – 08:19Image
M&G Investments has suspended its M&G Property Portfolio, due to the fund being unable to meet cash withdrawals or ‘redemptions.’
The £2.54 billion fund had received “high and sustained…
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