Retail investors should have more access to private markets through their stocks and shares ISAs, the Investment Association (IA) said.
According to the trade body, private capital already contributes approximately £200bn each year to the UK economy, with momentum snowballing, a theme on which the government must capitalise. The IA has released a swathe of recommendations to ensure the UK makes the most of the boom in private markets, such as including Long-Term Asset funds (LTAFs) in stocks and shares ISAs "to broaden access to long-term investment opportunities". European demand for private markets on the rise LTAFs provide an open-ended, evergreen solution to invest in private assets for those willing to save ...
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