FCA reform plan raises fears of a retail funds ‘lockdown’
Industry questions proposal to suspend property funds where there is ‘material uncertainty’ over values.
In the wake of the turmoil suffered by open-ended property funds following the EU referendum, the FCA is consulting on a package of measures aimed at reducing the potential harm to investors in funds that hold illiquid funds “under stressed market conditions”.
This is premium content
You must be logged in to view premium stories.
Subscribe for full access
Take out a print and online or online only subscription and you will get immediate access to:
- Breaking industry news as it happens
- Expert analysis and comment from industry leaders
- Unlimited access to all stories, including premium content
- Full access to all our online archive
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts
If you are already a registered user or a subscriber you can SIGN IN now