Property vehicles in fast lane

property funds

The regulator's decision not to regulate property funds further reflects the generally healthy state of the market. However, providers should not be complacent and there is always room for improvement

At a time when the overall regulation of financial products is generally being extended, it came as a surprise recently when the FSA announced that there was no need to impose any more regulation on property investment products than was already in place. While this was no shock to most practitioners within the property investment industry, the conclusion should not simply be taken at face value that there is no room for improvement. Close Brothers was one of the contributors to the property investment funds survey undertaken by the regulator last year. One of the most important fact...