Investment funds - surviving the downturn: avoiding claims and knowing how to deal with them if they arise

The credit crunch has had a grim and unsparing impact upon most markets. Asset prices and investment returns have fallen globally - albeit some markets and products have been affected more (or less) severely than others.

During a downturn, it is usual for more litigation and claims to be threatened. Fund managers may need to consider taking action against cash-strapped investors for failure to meet drawdown requests and investors may look to see if they can recover any of their investment losses from the fund manager, intermediary or other adviser.

The law in this area is not new – but it is worth fresh consideration in the current climate.

Read Wragge & Co's suggestions for practical steps to take if claims arise.