'Reservations' around illiquid weightings in 'untested' LTAF model

LTAFs leave "more to worry about"

clock • 1 min read
LTAFs continue to come under fire
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LTAFs continue to come under fire

Reservations remain about illiquid assets in open-ended structures like long-term asset funds, with the untested model leaving “more to worry about than get excited about”, interactive investor has warned.

Long-Term Asset Funds continue to come under fire following the collapse of the Woodford fund over two years ago. The statement follows the Association of Investment Companies warning on Wednesday (13...

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