Wednesday, July 27, 2016

REFILE-L&G reduces pricing discount on UK property fund redemption requests

LONDON, July 27 (Reuters) - Legal & General's fund

arm Legal & General Investment Management (LGIM) said on

Wednesday it had reduced the discount applied to investors

wishing to withdraw cash from its 2.3 billion pound UK property

fund, from 10 percent to 7.5 percent.

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