Tel: 0207 237 0374
John stressed the importance of:
a) Understanding investors attitudes to liquidity and creating a subscription and redemption methodology to match this;
b) As redemption and subcription is based on Net Asset Value, a robust and transparent valuation process is vital to investor confidence;
c) Transparency and good governance is key;
d) INREV guidance is a good starting point for building a framework within which to operate and the model of AREF with its Code of Conduct would be a good model for the industry to follow.