Aegon eyes Q2 reopening for suspended property fund

In an April 2021 update, the firm said it is "expected the fund can reopen in Q2 2021" but reiterated that it "cannot say at this stage how long dealing will remain suspended". The fund has now been suspended for 13 months and holds 22.7% in net current assets, according to the latest available factsheet, which includes cash and short-term assets and liabilities. Following the announced reopening of the M&G Property Portfolio, Aegon's Property Income fund stands alongside Aviva UK Property as the only two remaining shuttered funds in the sector. Suspended property funds collect £40...