M&G eyes Q2 reopening date for suspended property fund
Cash level has risen to 25.3%
The fund has been suspended since December 2019
M&G hopes to reopen the long-suspended M&G Property Portfolio before the end of the second quarter, according to its latest suspension update.
Extending the suspension to enable "raising cash levels to protect the interests of all our investors", the managers have sold a further two assets since its February update. Suspended property funds...
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