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Brush up on your 2008 playbook
Thursday 7th of July 2016
ANZ economists provided a saluatory reminder to investors in property funds. They said, in a recent email, "investors are starting to learn the hard way that a convenient online redemption request form does not a liquid asset make."
"Six UK property funds have now frozen redemptions, as Brexit fears saw everyone rush for the door. Said door was promptly closed and locked. The global rush...
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