Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    51,067.18
    -594.45 (-1.15%)
     

  • CMC Crypto 200

    1,327.88
    -68.66 (-4.92%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Aberdeen extends UK property fund suspension to July 11

Reuters

LONDON (Reuters) - Aberdeen Asset management extended the suspension period for its 3.2 billion pound Aberdeen UK Property Fund to Monday July 11, it said on Thursday.

The fund manager suspended the fund for 24 hours on Wednesday and cut its value by 17 percent.

"Investors who placed trades yesterday have asked for more time to consider whether to withdraw their redemptions," Aberdeen chief executive Martin Gilbert said in a statement.

Aberdeen's fund is the seventh UK property fund targeted at retail investors to have suspended trading this week. The funds together have over 18 billion pounds in funds under management.

(Reporting by Carolyn Cohn; Editing by Rachel Armstrong)