Fulcrum to launch private markets LTAF
LTAF to be offered with a flat fee launching 29 November
LTAF to be offered with a flat fee launching 29 November
Less than a quarter of wealth managers currently use an LTAF or ELTIF
Its aim is to ‘promote the UK’s private markets ecosystem, further enhancing the UK as an attractive destination for international investors’
Schroders Capital Wealth Solutions LTAF will be available as an OEIC
The £300m fund will invest in early-stage technology and life science companies in the UK
LTAF exposure to include private equity and credit, infrastructure, real estate, natural resources
Regulatory approval anticipated in the second half of the year
Deploying capital across wind and solar assets
Advisers will play a ‘key role’ in helping clients understand long-term asset funds
Regulator warned that firms lack arrangements to combat market-wide redemptions
But the move has received mixed reviews from industry commentators
The fund will focus on private markets, such as infrastructure