Fund managers would have a clearer idea of when they might have to sell holdings to meet redemptions.
Times, Sunday Times
Critics suggest property should not be held in open-ended funds, where a manager may have to sell holdings to pay customers who want their cash.
Times,Sunday Times
It raises fresh issues, too, about open-ended funds: the sort that risk going into a death spiral when managers are forced to sell holdings to meet redemptions.
Times,Sunday Times