The Investment Association has issued a briefing note in the wake of a series of property funds suspending trading this week, saying the move is the "most important tool" to protect investors.
The association, which has so far not commented on the issue, said the asset management industry clearly recognises and explains the fact that open-ended funds carry a liquidity risk for unitholders and...
Would create €1.4bn giant
Will work alongside de Bunsen and Webster
Briggs headed up insurance business