Investors flee Standard Life Aberdeen property fund following M&G gating

Outflows topped £31m

Hannah Godfrey
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Investors flee Standard Life Aberdeen property fund following M&G gating

In the wake of the M&G property fund suspension, investors have withdrawn tens of millions of pounds from the Aberdeen UK Property fund, sparking fears of a repeat of the 2016 crisis.

Daily outflows from the £1.3bn Aberdeen UK Property fund reached £31m on Wednesday, the day M&G announced the suspension of the M&G Property Portfolio. This nearly equals the outflows for the past ...

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