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Aberdeen Asset Management lifts trading suspension on property fund

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Aberdeen Asset Management lifts trading suspension on property fund

Aberdeen AssetManagement Plc on July 13 lifted the trading suspension on itsAberdeen U.K. Property Fund and Aberdeen U.K. Property Feeder Unit Trust.

The firm, along with others including , had trading in the funds tostem a rush of investors pulling out in the wake of Britain's vote to leave theEU.

Investors in the Aberdeen funds are now able to submittrades, but at a diluted price that reflects the current market environment andthe fact that short-term property sales can have "relatively penal"consequences, the company said in a statement.