Update: Columbia Threadneedle suspends trading on £1.4bn UK Property fund
Follows moves by M&G, SLI, Aviva Investors and Henderson
Columbia Threadneedle has joined Henderson, M&G, Standard Life Investments and Aviva Investors in suspending trading on its £1.4bn UK Property fund and feeder fund, amid a post-Brexit rush to exit the asset class.
The company said it has "not been immune" to the recent trend of retail outflows from the sector although these requests have been met from the cash balance retained within the Threadneedle PAIF so far....
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