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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Singapore roars into the new year
Power struggle unfolds at DFCity
Luxury real estate trends in 2026
Shield against AI hazards
Enhance local content terms
Department stores bet on experiences
Asia to lead next AI wave
FROM BANGSAR TO BEYOND
SC Estate Builder’s hotel acquisition under scrutiny
China’s gold rush continues

Others Also Read