Investors withdraw from property fund
0Investors withdrew £30.8m from the Aberdeen UK Property fund last week, after a rival fund was gated.
According to a report in the Financial Times, the fund, managed by Standard Life Aberdeen, is among several “seen as being vulnerable to redemptions” after M&G suspended trading in its £2.5bn Property Portfolio fund.
Aberdeen UK Property is a £1.3 billion fund holding investments in shopping centres, supermarkets and other property.
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