Waystone engagement with the new UK Long Term Asset Fund (LTAF)
Submitted
01/06/2021 - 10:42am
Waystone
SPONSORED CONTENT
By Neil Coxhead (pictured), Waystone – On 7 May 2021, the Financial Conduct Authority (FCA), unveiled plans to create a new regime with the specific aim of channelling investment into more illiquid assets, giving asset managers a hint of how UK fund regulation will develop after Brexit. The Long-Term Asset Fund (LTAF) is intended to offer investors access to alternative asset classes, such as venture capital, private equity, private debt, real estate and infrastructure, therefore providing an alternative to open-ended funds that invest in illiquid assets.