Gosling's Grouse: How can we untangle property sector woes?

Why did investors panic after Brexit?

As the dust begins to settle on the ‘rubble' of the property funds sector, it is surely time to figure out who, or what, can be blamed.

Wrong (well, probably). For the sector, it is the second debacle in less than a decade, which means it is surely a crisis and not an accident. The situation seems slightly less clear than it was back in 2008, when New Star suspended its property fund in the wake of the collapse of Lehman Brothers and started a similar lock-up process. As it has rightly been said; this time it is different. After all, we do not have a financial crisis to contend with; just a period of political uncertainty which became slightly less uncertain with the appointment of a new PM last Wednesday. And as I...