M&G announces resumption in dealing

M&G has announced a resumption in dealing in the M&G Property Portfolio and its feeder fund, which will take place on Friday 4th November. During the fund’s suspension, manager, Fiona Rowley, has been selling properties in a controlled manner which has enabled her to increase the fund’s cash position. They now believe the fund has sufficient cash to meet likely redemptions and are therefore planning to open in less than two weeks. All buy and sell orders placed during the period of suspension will be processed as normal at the same valuation point for their respective share class.