Advisers and wealth managers don’t understand the rules around commercial property funds and the way fund managers run them, a trade body report has argued.
The Association of Real Estate Funds, the property fund lobbying firm, has called on the FCA to conduct a comprehensive review of the rules around open-ended property funds.
It comes off the back of the series of redemptions requests that led to the temporary gating of funds that followed the Brexit referendum.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.