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answer › date of answer	2019-01-21
answering dept sort name	Treasury
question text	To ask Her Majesty%27s Government what steps they intend to take to investigate the operation of real estate investment funds, in particular (1) the property valuations used by these funds, (2) whether fund investors and redeemers are treated equally, and (3) the calculation of fund management fees.
max answer › question first answered	2019-01-21T15:41:42.04Z

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answering body

answering dept id

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answering dept sort name

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tabling member printed

uin

answer

is ministerial correction

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answering member printed

question first answered

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1036903

registered interest

date

07/01/2019

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Investment: Property

house id

legislature

25277

	pref label	House of Lords

question text

To ask Her Majesty's Government what steps they intend to take to investigate the operation of real estate investment funds, in particular (1) the property valuations used by these funds, (2) whether fund investors and redeemers are treated equally, and (3) the calculation of fund management fees.

tabling member printed

Lord Myners

uin

HL12545

answer

is ministerial correction

date of answer

21/01/2019

answer text

<p>This is a matter for the Financial Conduct Authority (FCA), which is operationally independent from Government. The question has been passed on to the FCA. The FCA will reply directly to Lord Myners by letter. A copy of the letter will be placed in the Library of the House.</p>

answering member printed

Lord Bates

question first answered

21/01/2019 15:39:18

answering member

1091

	label	Biography information for Lord Bates

tabling member

3869

	label	Biography information for Lord Myners