Columbia Threadneedle's Jordison: Property suspensions were regrettable but they brought order to the market

Fund reopened after Brexit suspension

clock • 3 min read

Don Jordison, co-manager of the Columbia Threadneedle PAIF which has just reopened after being suspended post Brexit, gives his views on the sector and the future for open-ended property funds.

Columbia Threadneedle lifted the post-Brexit suspension on its £1.3bn UK Property AIF on 26 September. The group reopened the fund to trade with no fair value adjustment, although it continues to be priced on a bid rather than offer basis. Here, Don Jordison (pictured), one of the PAIF's co-managers, discusses the team's preparations in the lead-up to the Brexit vote, current demand for the asset class, and whether lessons can be learned by the open-ended property sector in light of the suspensions. What changes have you made to the PAIF to allow the suspension to be lifted? We h...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot