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FCA policy statement on long term assets funds (LTAFs)

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Published on: 02 November 2021

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Table of contents

Original news
Introduction
The LTAF
Basis of regime—governance and disclosure
Purpose
Investment powers
Borrowing
Valuation
Redemptions and subscriptions
Investment due diligence

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Article summary

Financial Services analysis: Michaela Walker, partner, Julian Brown, partner, Mark Latimour, partner and Gareth Collins, associate, of Eversheds Sutherland LLP analyse the Financial Conduct Authority’s (FCA’s) policy statement on the new UK Long Term Asset Fund (LTAF), including governance and disclosure, purpose, investment powers and restrictions, valuation, redemptions and distribution.

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