Fiona Rowley, manager of the suspended £4.4bn M&G Property Portfolio, said a credit facility could provide "one option" for funding redemption requests, provided cash levels and the property market have stabilised once the fund reopens.
Rowley (pictured) said the fund took out a "revolving credit facility" before the EU referendum which could be used to meet requests, provided cash levels are at a minimum of 12.5%, the property market...
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