Woodford gating forces illiquid assets rethink; FCA mulls own PRIIPs guidance

FCA reveals asset management priorities

Mike Sheen
clock • 2 min read

The gating of the Woodford Equity Income fund has forced the Financial Conduct Authority (FCA) to reassess its impending shake-up of rules governing open-ended fund investments in illiquid assets, the regulator has revealed, as part of its priorities for the asset management sector.

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