Aviva Investors suspends dealing in European Property fund

Follows closure of Asia Property fund in July

clock

Aviva Investors has written to investors to inform them the European Property fund has suspended dealing today amid plans to sell off the assets and close the portfolio, following a redemption request from a large investor.

The fund, managed by Andrew Hook who also works on the group's UK property trust, has around €194.2m under management and has seen AUM decline from a peak of €320m in May last year. Although only one investor has requested to pull assets from the fund, it is for a large amount, the group said, so dealings in the fund have been suspended while Aviva Investors looks to sell off the assets and close the portfolio. A spokesperson for the group said: "We can confirm the suspension of the Aviva Investors European Property fund. "This follows the largest investor indicating its intention ...

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

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read