M&G to lift suspension on £4bn Property Portfolio

The M&G fund was suspended on 5 July alongside other giants of the sector following the Brexit vote. The group has said the decision to lift the suspension was taken in agreement with its depositary and trustee, and the FCA has been informed. The fair value adjustment originally applied on 1 July has also been removed in full. William Nott, chief executive of M&G Securities, said: "Suspending the fund was not a decision we took lightly, but we felt it was the only way to protect the interests of investors in what were very unusual circumstances in the aftermath of the referendum. "...