Aberdeen halts withdrawals from Degi International fund

Aberdeen Immobilien (formerly Degi) has suspended both the redemption and issuance of fund shares for its Degi International fund with immediate effect, the fund manager said on Tuesday. Issuance of Degi Europa fund shares has also been suspended. Degi said the measure had been taken to safeguard ongoing business operations and protect the interest of remaining investors after the funds saw substantial capital outflows in the third quarter.

Premium subscriber content – please log in to read more or take a free trial.

Events

Latest news

Best read stories