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”.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue