Reopened M&G Property investors withdraw more cash than raised during suspension

£1.2bn redeemed in 21 days

James Baxter-Derrington
clock • 1 min read
£788m has been pulled from M&G Property Portfolio in three weeks
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£788m has been pulled from M&G Property Portfolio in three weeks

Investors in the M&G Property Portfolio have withdrawn more cash from the fund in 21 days than the management team raised during its 17-month suspension.

According to Morningstar estimates, investors have pulled a combined £1.2bn from both the main fund and its feeder fund since the suspension was lifted on 10 May. Of this, £788m was redeemed from the...

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