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Jul 30th
Home arrow News & Insight arrow Panic selling shuts £2bn fund
Panic selling shuts £2bn fund PDF Print E-mail
Written by Guardian   
Friday, 18 January 2008

One of Britain's biggest property funds was forced to shut its doors to withdrawals yesterday after the slump in commercial prices triggered panic selling by small investors. The move prompted fears of a Northern Rock-style run on billions of pounds invested in once high-flying funds which many savers have seen as a safe haven for their pensions.

http://www.guardian.co.uk/money/2008/jan/18/property.moneyinvestments



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