Monday, January 21, 2008

Standard Life says UK property fund liquidity ok

LONDON, Jan 18 (Reuters) - UK insurer Standard Life (SL.L: Quote, Profile, Research) said on Friday it had not prevented retail investors from withdrawing cash from its flagship UK property fund, as liquidity in the fund remains sufficient.

"The situation is the same as in December. There's sufficient liquidity and there are no queues in place," to exit the firm's pooled pension property fund, said a Standard Life spokesman.

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