Suspended property funds collect £40m in management fees over 2020

£2.8m of capital locked away over three funds

James Baxter-Derrington
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Investors stuck in the M&G Property Portfolio have forked out the most in fees
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Investors stuck in the M&G Property Portfolio have forked out the most in fees

Investors trapped in suspended open-ended property funds have paid out more than £40m in management fees over the course of 2020, with some still paying fees in 2021 as £2.8bn of investor capital remains locked away across three funds.

According to Investment Week calculations utilising fee and fund size data from Morningstar Direct and share class classifications from FE fundinfo, investors have shelled out approximately £40m in management...

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