Threadneedle Investments is looking at soft-closing its UK Property trust after seeing a surge in inflows into the product this year, Investment Week understands.
Threadneedle's fund has seen assets grow from £448m at the start of January to a current size of £790m, according to FE, as the asset class comes back into favour with investors. Investment Week understands the group is no longer marketing the product, and is considering a soft-closure, as a result of these inflows. That is because available prime investment opportunities are not sufficient to satisfy strong demand. A Threadneedle spokesperson said: "After a period of strong performance and inflows, we are monitoring the liquidity (cash levels) of the Threadneedle UK Property trust. O...
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