Proposed notice periods are intriguing, writes Alistair Wilson, but there are three problems the FCA must take the opportunity to solve...
The Financial Conduct Authority (FCA) wants to even up a liquidity mismatch in open-ended property funds. Hear, hear. With property funds needing to be suspended more frequently over the last decade...
Cash level raised to 21%
Advises a ‘general lifting’ of material valuation uncertainty
Tritax management team remains unchanged
Consumer complaints against firms for misadvised DB transfers also rising
Almost three-quarters generated positive returns
Integration of Charles Derby and Lighthouse
Which firms made the shortlist?
Entered administration in April 2020
Cuts fees across multi-manager range