07 May 2021
•
2 min read
Image:
The LTAF is an open-ended structure allowing investors to access illiquid assets such as property
The Financial Conduct Authority (FCA) has begun consulting on the establishment of a Long Term Asset Fund (LTAF) regime for UK investors, with the aim of overcoming the liquidity mismatch within open-ended funds investing in illiquid assets.
"Specifically designed to accommodate relatively illiquid assets", the LTAF will be an open-ended vehicle able to invest in assets such as venture capital, private equity, private debt, real estate and...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
