Investors pulling out of property funds thanks to ‘triple squeeze’ on sector

Investors pulling out of property funds thanks to ‘triple squeeze’ on sector

City A.M.

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UK investors pulled money from real estate funds for the second month running in November, but sentiment towards equity and fixed-income funds improved, fund network Calastone said on Wednesday. Investors withdrew 88 million pounds ($110.70 million) from real estate funds overall last month, making it the second-worst month of the year for property funds after August’s 121 [...]

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