FCA to consult on future of open-ended property funds

Christopher Woolard speech

Jenna Brown
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Christopher Woolard: "When material uncertainty over commercial real estate values made it necessary to suspend daily dealing in open-ended property funds, fund managers worked with us to make this happen quickly and safely."
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Christopher Woolard: "When material uncertainty over commercial real estate values made it necessary to suspend daily dealing in open-ended property funds, fund managers worked with us to make this happen quickly and safely."

The Financial Conduct Authority (FCA) plans to consult on the future of open-ended property funds later this summer, its interim chief executive has said.

Speaking during an Investment Management webinar Christopher Woolard said the investment management industry had shown great resilience during the coronavirus pandemic and singled out its willingness to...

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