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Fears of more property fund suspensions after M&G as investors pull £1.7bn out in just 12 months

Fears of more property fund suspensions after M&G as investors pull £1.7bn out in just 12 months

The Telegraph - By Michael O'Dwyer and Jonathan Jones

Two British property funds have launched a wave of sell-offs, amid a stampede for the exits by investors which forced rival M&G to slam its doors shut. Fund managers at Columbia Threadneedle and Kames Capital have ditched more than £156m of property from their funds in the past two months in a …

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