On 8 October 2018, the FCA published a consultation paper on illiquid assets and open-ended funds. The original discussion paper on this topic, from February 2017, looked at some of the risks that arise when open-ended investment funds invest mainly in inherently illiquid assets.
What is a broker's letter and do you need one? What other options are there? This blog has been co-authored with the help of Sarah Roberts a President of Intech Risk Management GmbH and Corey Tidey a Risk Analyst of Intech Risk Management GmbH.