BlackRock given FCA approval to launch LTAF
The fund will focus on private markets, such as infrastructure
The fund will focus on private markets, such as infrastructure
|
|
Largest UK-focused long-term asset fund to date
|
|
Certain investors would need to show they understand the risks and longer redemption periods before investing
|
|
Unclear whether inflationary benefits will tempt investors back into beleaguered sector
|
|
FCA focuses on DC pension schemes with further consultation underway before retail investors are included
|
|
City watchdog is still examining whether the structure is appropriate for UK retail investors
|
|
‘It is the investing behaviours that need to change more so than the investment structure’
|
|