UK property funds saw record outflows in 2019 - Calastone

LONDON (Reuters) - UK property funds saw a record 2.2 billion pounds withdrawn during 2019, investment funds transaction network Calastone said on Tuesday, equivalent to one in every 15 pounds of assets under management.Property funds were hit by outflows in the later part of the year linked to weakening sentiment tied to Britain's exit of the European Union, which in turn led M&G to prevent investors from leaving its UK property funds.After many months during which the UK's equity market..