Investors hit out at 27-month wait to exit suspended property fund

clock

Investors trapped in property funds suspended by Brandeaux last week have had to wait more than two years, in some cases, to exit the embattled vehicles.

Last week, Investment Week revealed Brandeaux had suspended redemptions on its £1bn Student Accommodation fund as liquidity dried up. The group later announced it was suspending its entire eight-strong fund range and admitted that up to 80% of property in its £372m Ground Rent Income fund is up for sale. Now it has emerged Brandeaux has advised some clients it has a logjam of redemption requests queued back to April 2011 in some funds, according to documents seen by Investment Week. This 27-month queue has built up around the Brandeaux Dual Assets fund sterling share class, which r...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

FCA takes civil action against Neil Woodford and W4.0 for 'operating without authorisation'

Accused of breaching FSMA

Michael Nelson
clock 08 June 2026 • 2 min read
M&G's PruFund coming to Scottish Widows Platform

M&G's PruFund coming to Scottish Widows Platform

First third-party platform launch

Jen Frost
clock 08 June 2026 • 2 min read
Investors move from cash to US equities as confidence improves

Investors move from cash to US equities as confidence improves

Investment Association figures show

clock 05 June 2026 • 3 min read