The Investment Association (IA) is set to unveil proposals for a new type of fund, which would seek to avert liquidity crises such as the one engulfing the Woodford Equity Income fund.
New rules and guidelines for so-called "long-term asset funds" have been in development by an IA working group over the past year, the details of which are set to be outlined at the trade body's conference...
Publishes consultation paper
Exploring the effects of shake-up
More emphasis on corporate governance and responsibility
quality growth equity and long-duration bonds dominate