Blaming 'exceptional market circumstances', Standard Life Investment’s ￡2.9 billion UK-focused real estate fund has earlier announced that effective from July 4th, 12 p.m. local time, all trading in its UK real estate fund will be suspended.

ANBOUND Consulting is of the view that this incident is not an isolated event.

The impact of Brexit on the financial market is not a one-off event, but rather a long-running and multifaceted process.

Brexit sent the first wave of shock to the capital market, causing turmoil in the stock market, foreign exchange market, future market and commodities market.

After the initial turmoil in capital market began to subside, the deeper impact on the financial market has just begun.

The commercial banks, investment banks, funds as well as the insurance companies in the United Kingdom will face growing risk.

Given the increased uncertainties of Brexit, there is a huge surge in redemption requests, bringing greater risk to some of the financial institutions and leveraged financial products.