For further insights, check out this collection of asset management spotlight webinars.
In a speech delivered at the Investment Association's Annual Dinner on 11 October 2023, the Chair of the FCA, Ashley Alder, sets out the main priorities for reform for the UK Asset Management sector.
As expected, the FCA has recategorised authorised long-term asset funds (LTAFs) under its financial promotion rules so they can now be marketed to a wider range of retail investors in the UK, as well as broadening pension scheme access to self-select investors and SIPPs
The ELTIF was launched with much optimism in 2015. Designed to give retail investors a straightforward route to ‘real economy’ investment projects, it offered an attractive alternative investment opportunity. On 25 November 2021, the European Commission announced significant changes to the ELTIF legislation
We consider the current regulatory requirements, the changing supervisory expectations on conflicts management and board composition, and some important upcoming rule changes in this area.