22 May 2020
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M&G said the fund's reopening is contingent on cash levels rising again
The M&G Property portfolio remains suspended, according to the latest update, as both the fund's authorised corporate director and depositary continue to agree they can "best protect the interests of all its investors by continuing the temporary suspension in dealing in its shares".
Originally suspended on 4 December 2019 due to "unusually high and sustained outflows", which the firm attributed to "Brexit-related political uncertainty and ongoing structural shifts in the UK retail...
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