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Regulator pledges probe into property fund gating issue

News Team, 09/07/2020

Christopher Woolard

The interim head of the UK’s Financial Conduct Authority (FCA) has said the regulator will look at the future of open-ended real estate funds later this year, following a spate of liquidity issues during the Covid-19 crisis.

In a speech to the Investment Association, interim FCA chief executive Christopher Woolard said while fund managers had worked “quickly and safely” to suspend daily dealing in such funds, s...


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