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Image: “It was for market participants to make this a reality and it is good to see this product innovation now taking place.”
The Financial Conduct Authority (FCA) has authorised Schroders Capital to launch the first Long Term Asset fund (LTAF).
The regulator explained that the LTAF is a new category of open-ended authorised funds, which are designed to invest in long-term assets. The launch was supported by the creation of a new regula...
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