07 Jun 2019

A high level summary of what's being discussed in recent committee meetings:

  • Continued dialogue with the FCA regarding consultation paper CP18/27 on illiquid assets and open-ended funds.
  • The impact of ongoing Brexit negotiations on daily traded PAIFs as per discussions held before and after the referendum.
  • Liaison with RICS re Rapid Sale Pricing.
  • Consideration of a NAV index for the retail funds.
  • Engagement with the platforms to ensure that all investors are able to benefit from the correct tax treatment of PAIF distributions.
  • Enhancing industry engagement with wealth managers and advisors.
  • Improving consumer education.

Next meeting: 20 September 2019

View more on the committee, including biographies here.


Guy Glover

Guy Glover

Fund Manager, BMO Real Estate Partners

Guy is a fund manager at BMO Real Estate Partners. Prior to joining the group in 2004, Guy spent nine years at Wereldhave Property Corporation, where he was responsible for managing their UK portfolio.

Before this, he worked at Northampton Borough Council.

Guy graduated from the University of Reading with a BSc in Land Management and holds the RICS postgraduate diploma in Property Investment. He qualified as a Chartered Surveyor in 1994.