FCA policy statement on long term assets funds (LTAFs)

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

More sections of this document available when you sign-in to Lexis+ or register for a free trial.

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.