UK Property Fund Freeze Hits $3.3B Investors 💼

Dec.05 -- M&G Plc became Britain’s latest investment firm to punish investors by halting redemptions -- in this case in its flagship 2.5 billion-pound ($3.3 billion) U.K. real estate fund on Wednesday. Fund managers lacked the cash to meet what they called “unusually high and sustained outflows.” Dani Burger reports on "Bloomberg Markets: European Open."