News: BlackRock, Schroders suspend UK real estate funds

  1. 186,078 Posts.
    lightbulb Created with Sketch. 2734

    LONDON, April 2 (Reuters) - Investment managers BlackRock BLK.N and Schroders SDR.L said they have suspended trading in UK real estate funds aimed at institutional investors, citing difficulty in getting an accurate price for their assets.

    The suspensions of funds with quarterly or monthly redemptions follows the freezing last month of several funds aimed at retail investors, which allow people to get their money out daily.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.