Aberdeen has extended the suspension in trading on its UK Property Fund until 11 July.
The £3.2bn fund, which invests in 79 properties, temporarily suspended trading yesterday to for 24 hours while put in place dilution adjustments.
It had marked down its funds by 17% to try and stave off a rush of redemptions.
What’s going wrong with open-ended retail funds?
Aberdeen marks down property fund by 17%
• To send feedback, email alex.peace@estatesgazette.com or tweet @EGAlexPeace or @estatesgazette