M&G has bolted the door, but is any property fund safe?

Nervous investors are wondering which might be the next fund to close to withdrawals. Despite reassuring noises, few are immune to the dire state of British retail When M&G shocked small investors last week by blocking withdrawals from its high-profile £2.5bn property fund, the question ricocheting around the investment industry was: who next? After the 2016 referendum, the property dominoes fell quickly. Standard Life's £2.9bn fund closed its doors first, to fend off a rush of withdrawals. Th...