RLAM alters dealing arrangements as it announces the reopening of property funds

Reopens 30 September

James Baxter-Derrington
clock • 2 min read

Royal London Asset Management (RLAM) has announced that it will lift the temporary suspension of dealing in its property fund and trust at 5pm on 30 September.

The removal of the suspension of dealing on the Royal London Property fund and Royal London Property trust comes following confirmation from Cushman & Wakefield, the funds' independent valuer, that "the material uncertainty in respect of the valuation of the Property fund's assets has been lifted". Investors eye exit door as property funds prepare to reopen The announcement follows the reopening of Threadneedle UK Property and the slated 13 October lifting of L&G Property's temporary suspension, along with St James's Place opening its three UK commercial property funds. Alongside t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

abrdn cuts fees and rebrands MyFolio Managed range

abrdn cuts fees and rebrands MyFolio Managed range

Now called abrdn MyFolio Core

Sorin Dojan
clock 14 January 2025 • 2 min read
SJP gives £5.2bn sustainable investment mandate to Schroders

SJP gives £5.2bn sustainable investment mandate to Schroders

Fund to get 'Sustainability Focus' label

Jen Frost
clock 13 January 2025 • 2 min read
Fundsmith Equity fund sells long-term holdings in Diageo and Apple in 2024

Fundsmith Equity fund sells long-term holdings in Diageo and Apple in 2024

Stake in McCormick also sold

Sorin Dojan
clock 10 January 2025 • 4 min read
Trustpilot