Threadneedle to unfreeze UK property fund after Brexit outflow


LONDON: Columbia Threadneedle Investments said it’s planning to restart trading in its UK property funds after they were frozen following a surge in redemption requests in the wake of Britain’s decision to leave the European Union.

The suspension of the Threadneedle UK Property Authorised Investment Fund, along with a feeder fund, will be lifted on Sept 26, the company said yesterday.

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