The UK's Financial Conduct Authority (FCA) said yesterday it is considering a restructuring of property funds in the wake of the covid-19 crisis due to concerns over 'liquidity mismatches.' The FCA said it is concerned that UK property funds need to "safely transition" their structures given that property sales are likely to take longer in the current climate. The UK regulator has already suspended retail property funds after markets were disrupted by the covid-19 pandemic. The FCA said...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes
