PropertyEU

Cash position of Aviva property fund drops by 50%

By A staff reporter 2007-12-14T00:00:00

British insurer Aviva is to announce a near halving in the cash position of its £3.2 bn (EUR 4.4 bn) property fund as investors continue to call for redemptions, newspaper the Telegraph reported on Friday. Aviva's property fund management arm Morley is to announce that it now has just 7.5% ...

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