How fund buyers are keeping on top of liquidity Three portfolio managers on the measures they are taking in the current market conditions As global markets sold off in March last year owing to the start of the Covid-19 pandemic, the reaction from investors was one of panic and a dash to cash. Such a reaction places huge importance on retail funds having liquidity to cope with redemptions and, as has been seen with commercial property funds, not all can weather the storm. Nearly 18 months on, we spoke to three fund buyers to see what liquidity measures they use and how they are employing these in current market conditions.