Aegon Property Income set for closure after 13-month suspension

Aegon AM unable to raise liquidity and keep funds viable

Mike Sheen
clock • 1 min read
Aegon Property Income set for closure after 13-month suspension

The Aegon Property Income and Property Income Feeder funds are set to close permanently, with asset manager unable to raise the required liquidity to meet redemption requests while keeping the vehicles viable after a 13-month suspension.

Aegon Asset Management, which suspended its property funds amid the onset of the coronavirus pandemic alongside most bricks-and-mortar peers, confirmed today (23 June) that in order to "ensure all investors...

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