Aviva Investors launches private debt LTAF
Builds on existing real estate and climate transition LTAFs
Builds on existing real estate and climate transition LTAFs
|
|
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
|
|