Standard Life
Concept of open-ended property funds is absurd – Seneca
Last week’s suspension of several daily-traded, open-ended property funds demonstrates that the concept is ‘absurd’, according to Seneca Investment Management.
Henderson, Columbia Threadneedle join UK property fund freeze
Henderson Global Investors and Columbia Threadneedle have announced they have suspended all trading in their respective UK property authorised investment funds (Paifs) and feeder funds, the firms said on Wednesday.
M&G, Aviva join SLI in suspending UK property funds
Aviva Investors and M&G Investments have suspended trading in their UK property funds, a day after SLI took the same decision, making it three of Britain’s top five funds in the sector that have shut their doors since the Brexit vote.
Alternatives | 4 Jul 16
SLI suspends UK Real Estate Fund, property shares hit
Financial services giant Standard Life Investments (SLI) has suspended all trading in its UK Real Estate Fund following an increase in redemption requests, triggering share sales in property and asset management companies.
Multi-strategy funds limit post-Brexit losses
The three largest multi-strategy funds for sale in Europe have fared better than most other absolute return funds since the UK’s shock vote to leave the EU. However, the Standard Life GARS fund continues to underperform its peers on a longer-term basis.