Commodity Trade Mantra

Posts Tagged ‘US Housing Bubble’

Bear Stearns 2.0? UK's Largest Property Fund Halts Redemptions

While equity markets have rebounded exuberantly post-Brexit, suggesting all is well, British property-related assets have tumbled. Standard Life has been forced to stop retail investors selling out for at least 28 days after rapid cash outflows were sparked by fears over falling real estate values. The fund will need to sell real estate to raise cash before any money can be redeemed.

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