Columbia Threadneedle has moved the pricing basis on its Threadneedle UK Property Authorised Investment fund from bid back to offer as a result of a "continued trend of net inflows" over the past few months.
The group today announced its decision to change the pricing basis on the £1.2bn UK Property Authorised Investment fund and its UK Property Authorised Trust from bid to back to offer basis. The decision was made as a result of the fund experiencing a continued trend of net inflows, which the group anticipates will result in a positive performance impact on the funds of approximately 5%. Don Jordison, MD of property at Columbia Threadneedle Investments, said: "We are pleased the price basis of the fund is now back to offer. The change reflects investor recognition of the virtues and ...
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