Retail investors withdrew £ 315 m ( $ 406 m ) from property funds in December amid Brexit uncertainty , leading the Financial Conduct Authority ( FCA ) to monitor property funds liquidity updates on a daily basis . The FCA is considering plans to compel property funds to stop trading if uncertainty about the value of their portfolios reaches 20 % . The regulator took up scrutiny of the sector after the prime minister , Theresa May , postponed the parliamentary vote on her proposed withdrawal . in December , FT sources said .
Retail investors withdrew £315m ($406m) from property funds in December amid Brexit uncertainty, leading the Financial Conduct Authority (FCA) to monitor property fund liquidity updates on a daily basis. The FCA is considering plans to compel property funds to stop trading if uncertainty about the value of their portfolios reaches 20%. The regulator stepped up scrutiny of the sector after the prime minister, Theresa May, postponed the parliamentary vote on her Brexit withdrawal agreement in December, FT sources said.