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How can fund soft-closures be better communicated?
by Eleanor Lawrie on Feb 13, 2014 at 14:20
While these collective specialists agreed fund groups were doing the right thing for their existing clients by electing to stem assets, concerns remain about how exactly these firms then go about the process of dissuading new investment.Because soft-closure is not an exact science, it’s tempting for groups to simply tell interested parties their products are closed to new investment. However, they should endeavour to be as specific as possible so that investors know exactly how long they have left to access their desired fund.
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