Investors face 12-24 month wait as Aviva suspends Asia Pac Property fund

Holders of Aviva Investors' £159m Asia Pacific Property fund face a 12-24 month wait to exit after the firm suspended the fund due to large investors' plans to redeem their positions.

The fund house has written to investors informing them it has suspended dealings in the fund as of midday today (20 July), ahead of commencing a closure of the fund on 21 August. The decision, which...

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