Brexit Turmoil Sees Dealing in Second U.K. Property Fund Suspended
05 Luglio 2016 - 3:20PM
Dow Jones News
LONDON—Aviva Investors suspended dealing in its Aviva Investors
Property Trust, the second big insurer to bring a temporary halt to
dealing in a U.K.-focused property fund following the country's
vote to leave the EU.
"The extraordinary market circumstances, which are impacting the
wider industry, have resulted in a lack of immediate liquidity in
the Aviva Investors Property Trust," the British insurer said in an
emailed statement.
The firm's statement didn't explicitly make a reference to the
Brexit vote.
The fund had £ 1.8 billion ($2.36 billion)in assets at the end
of May, according to a fact sheet published by Aviva.
Write to Gren Manuel at gren.manuel@wsj.com
(END) Dow Jones Newswires
July 05, 2016 09:05 ET (13:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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