Following the recent vote to leave the EU there has been a wave of property funds being suspended from multiple providers. Nearly £18 billion of assets have been frozen within the funds that have temporarily seized trading. The decisions to suspend property funds have been made by each provider to protect shareholder’s interests by avoiding having to make heavily discounted sales. Read more
EU Referendum Investment Update
We voted to leave the EU by a majority and the markets are reacting with some volatility. Sterling and the FTSE are down and global markets are also reacting.
History and experience has taught us that at times of severe volatility you need to remain invested in the markets, now is not the time to switch out of your investments as you will probably only crystallise losses. Read more