
Managers have assured investors their assets were safe, despite suspension fears
Industry experts fear the suspension of the M&G Property Portfolio could lead to a swathe of gatings in the space, despite reassurances from asset managers that their funds have enough of a cash buffer to meet investor redemptions.
M&G shuttered its property fund on Wednesday, blaming "Brexit-related political uncertainty and ongoing structural shifts in the UK retail sector" for a wave of "unusually high and sustained outflows"....
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes