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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...
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