Aegon Property Income set for closure after 13-month suspension

Mike Sheen
clock • 2 min read
Aegon Property Income set for closure after 13-month suspension

The Aegon Property Income and Property Income Feeder funds are set to close permanently, with asset manager unable to raise the required liquidity to meet redemption requests while keeping the vehicles viable after a 13-month suspension. Aegon Asset Management, which suspended its property funds amid the onset of the coronavirus pandemic alongside most bricks-and-mortar peers, confirmed today (23 June) that in order to "ensure all investors are treated fairly" it is now taking steps to clo...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login