St. James’s Place Plc is winding down three UK property funds managing a total of £1.84 billion ($2.3 billion), a year after halting client redemptions during a wider commercial real estate downturn.
Leonard Kehnscherper is a Breaking News Editor for Bloomberg News and BNN Bloomberg, with a focus on multinational news in the United Kingdom, specifically London. Leonard's work has appeared in various publications, including Insurance Journal, Financial Post, and Yahoo Finance, covering a range of topics such as economic trends, business news, and market analysis.