Finance

FCA reform plan raises fears of a retail funds ‘lockdown’

By 2018-10-12T00:00:00

Brexit impact on funds

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”.

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