Breaking News: UK Regulator Gives Thumbs Up to Long-Term Asset Fund Amidst Industry Shake-Up!
Welcome to the World of Long Term Asset Funds! What is the FCA’s Long Term Asset Fund? The Financial Conduct Authority (FCA) has authorized the United Kingdom’s first Long Term Asset Fund (LTAF). The financial markets regulator described LTAF as “a new category of open-ended authorized fund designed to invest efficiently in long-term assets.” Approval…