“If Standard Life are experiencing outflows it would appear likely that the others are too and they may need to deal with that. Related: Standard Life suspends property fund after Brexit vote, as construction output slumps - liveStandard Life’s decision is the latest in a line of moves by investment firms to stem flows out of their property funds. Standard Life last week, together with rivals Henderson, Aberdeen and M&G, reduced the amount investors cashing in holdings would get back by up to 5%. In a statement, Standard Life said the decision followed an increase in redemption requests from investors. The firm halted trading on its Standard Life Investments UK Real Estate Fund and associated funds at midday on Monday, citing “exceptional market circumstances” for the decision.

Source: The Guardian July 04, 2016 18:07 UTC