‘Draconian’ FCA open-ended property fund measures expected to drive flows to trusts and ETFs

In Investment Week, Marc Haynes, head of institutional business, EMEA, provides an outlook on measures outlined by the Financial Conduct Authority to address the liquidity mismatch in open-ended property funds. “We believe that the proposals outlined should most importantly ensure that investors will be treated more fairly and enable fund managers to better focus on generating returns rather than managing liquidity.”