Henderson has become the fourth fund manager this week to suspend redemptions from its UK property fund.
It has halted trading in the £3.9bn UK Property PAIF in order to “safeguard the interests of all investors”.
Standard Life was the first to halt trading on Monday with Aviva and M&G following suit yesterday as redemption requests swelled on the back of the result of the EU referendum.
Henderson said that: “Despite a strong underlying portfolio, the decision was taken due to exceptional liquidity pressures on the funds, as a result of uncertainty following the EU Referendum and the recent suspension of other direct property funds”.
Income distributions will continue throughout the period of suspension.
