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28 May 2012

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Aberdeen to re-open Degi fund in summer

Aberdeen Property Investors is boosting liquidity in its German open-end fund Degi Europa for re-opening in summer, group CEO Rickard Backlund told PIE in an interview. The move follows a high-profile February closure in its Degi Global Business fund after sharp depreciations. Among the top three in Europe, Aberdeen manages E25bn of RE investments in funds and separate accounts.

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