German open-ended fund manager KanAm Grund KAG announced on Wednesday it will liquidate its EUR 6 bn frozen Grundinvest fund, saying the move was 'in the best interest of its investors'.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
