Three UK commercial property funds suspended trading on Wednesday on a wave of redemptions triggered by the Brexit vote, amid a fierce leadership battle to succeed to Prime Minister David Cameron. Henderson Global Investors, Columbia Threadneedle and Canada Life made their announcements, bringing the total number of suspensions to six after similar moves by M&G Investments, Aviva Investors and Standard Life Investments earlier this week. Clients have been rushing to exit the funds against a backdrop of tumbling share prices for property builders since Britain voted June 23 to exit the European Union, plunging the country into unprecedented political and economic turbulence.
