As Redemption “Panic” Accelerates, Two More UK Property Funds Slash Value Of Their Property Assets…”Here come dominoes #8 and #9.”

by Tyler Durden
ZeroHedge.com
Jul 7, 2016

Legal & General’s fund arm and F&C Investments both cut the value of their UK property funds on Thursday, as the industry seeks to stem a tide of redemption requests since Britain’s vote to leave the European Union. More than 18 billion pounds of investor cash has been frozen in the last week as funds run by M&G Investments, Standard Life Investments and Threadneedle Investments, among others, suspended trading.

The Rest…HERE

This entry was posted on Thursday, July 7th, 2016 at 10:30 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.