The Financial Conduct Authority (FCA) is looking to extend the redemption period for property funds to up to 180 days – an attempt to address the liquidity problems which are a feature of the sector in turbulent times.
The FCA today opened a consultation which proposes that investors in open-ended property funds would have to give notice of between 90 and 180 days when they wished to drawdown their investments – a move which could affect asset manager offerings and mea...
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