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...
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Partner Insight: The rise in demand for DFM and multi manager solutions has been largely driven by new mandates from the regulator, says James Bampton, head of UK intermediary distribution at Architas