Aberdeen Standard Investments has become the latest fund house to lift suspensions on its open-ended property vehicles, which have been gated since March.
Dealing in the £1.6bn AUM Standard Life Investments UK Real Estate and £900m AUM Aberdeen UK Property funds will resume on 16 November, following the lifting of the "material valuation uncertainty" clause by the funds' independent valuers at the end of September. Since the Royal Institution of Chartered Surveyors removed its material valuation uncertainty clause on "all UK real estate" on 9 September, some property funds have chosen to reopen while others remain closed. St James's Place reopened its funds the same day, Columbia Threadneedle reopened on 17 September, Royal London Asset...
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