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Posted on: Feb. 16, 2019, 4:01 p.m.
A UK government agency asked real estate investment funds for daily liquidity reports after their investors withdrew hundreds of millions of pounds amid anxiety over the UK’s pending exit next month from the European Union. Chicago-based investment research firm Morningstar said retail investors withdrew £315 million from UK real estate funds in December. The Financial Times reported that the UK’s Financial Conduct Authority (FCA) increased its scrutiny of property funds in December around the time ... [more] Full investment news articleRelevent to this post: Louisiana Economic Development,