BMO Global Asset Management (BMO GAM) is set to reopen its UK Property Fund by 14 December, while Aberdeen Standard Investments (ASI) seeks to lift its Global Real Estate fund’s suspension on 16 November.
In a statement, BMO GAM said it anticipated achieving its target level of liquidity by 14 December, which would allow the firm to reopen the BMO UK Property fund and its feeder. However it also caveated...
One of two remaining suspensions
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RLAM's Senior Fund Manager, Richard Marwood outlines the background to how investors fell ‘out of love’ with the UK market but points to positive signs of a recovery.