I am often asked, "What do you think of XYZ property investment fund?"
My answer is always, "Is it regulated by the Financial Services Authority (FSA)?
If the answer is "Yes" I will then ask for the details, pricing, weighting, fund manager's experience etc..............make a few comments and then invite the questioner to conduct their due diligence before investing or maybe not depending on the outcome of their research.
If the answer is "No" I tell them not to bother.
Why take the risk of investing in a non-regulated fund, when you can invest in one which is regulated by the FSA?
There are plenty of them about.
Dominic Farrell
