Columbia Threadneedle and Henderson latest managers to suspend property funds

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. "However, it is expected that these requests to sell will continue for the timebeing due to uncertainty in the market following the UK referendum result, therefore the temporary suspension of dealings allows sufficient time for the orderly sale of assets, and protects the interests of all investors," it said. "The Threadneedle PAIF and its Feeder fund invest in physical UK commercial p...