The M&G Property Portfolio’s gating has been extended for a second time this month in order for the vehicle’s managers to continue to offload assets and build sufficient liquidity levels, and protect investors’ interests.
It was first suspended on 4 December last year, following "unusually high and sustained outflows", which the firm attributed to "Brexit-related political uncertainty and ongoing structural shifts in the...
One of two remaining suspensions
Aegon, Aviva should reopen as soon as possible
Set to reopen 10 May 2021
Dealing to resume nearly a year after suspension
Cash level raised to 21%
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers