UK Watchdog Said Property Funds Poorly Prepared for Brexit Vote Turbulence – U.S. News & World Report

U.S. News & World Report

UK Watchdog Said Property Funds Poorly Prepared for Brexit Vote Turbulence
U.S. News & World Report
The FCA said it was still looking at the broader issue of open-ended funds’ investments in illiquid assets, including whether the rules need changing. Within three weeks of the June 2016 vote, some seven funds had pulled down the shutters, leaving over

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