“This discussion paper is a great opportunity for all stakeholders to think carefully about the management of risk, particularly around redemptions, if investors are looking for a quick exit,” said Megan Butler, executive director of supervision – investment, wholesale and specialist at the FCA.
“We want to engage with fund managers and the investors whose money they manage to understand what problems they think exist.
“Specifically, in the context of open-ended funds we want people to consider how well the current rules address those problems, and what further regulatory intervention might be needed. We look forward to industry and consumers giving us their views and opinions.”
