The Big Picture: What were the biggest stories from June?

Recapping last month's top stories

June saw the long-running open-ended property fund suspension finally come to an end, with the £381m Aegon Property Income fund announcing it would close its doors and liquidate its assets.

However, the saga is far from over as investors continue to wait and see the results of the Financial Conduct Authority's review into the compatibility of a long-term investment asset with an open-ended fund structure. Elsewhere, industry commentators are concerned for the health of the UK asset management sector, as the number of newly authorised firms in 2020 dropped to less than half of those authorised in 2016. There hiring sector continues to flourish as many companies seek to expand their investment offerings, although June was marked more by endings, as Colin Moore, global chie...