Investment Week reported yesterday (18 March) that the company had delayed the conversion of its TIME:Social Impact Property into a hybrid structure while it was engaging with the regulator to try and bring its current SDR ‘Impact’ label across with the transition.
TIME Investments delays transitioning social daily dealing property fund to hybrid due to SDR
The Financial Conduct Authority’s application process for SDR labels is extensive and often time consuming, according to many firms that have applied for one of the four labels, and TIME’s manager Roger Skeldon told IW that his tea…