Saturday, October 31, 2020
UK

Advisers strongly advised to learn property fund structures

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.

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