Story perspectives

UK Launches Long-Term Asset Funds to Boost Unlisted Investments

3/25/2025

24 6

Summary

Story summary

Long-Term Asset Funds (LTAFs) launched in the UK in November 2021 to facilitate investment in illiquid assets.
Regulated by the FCA, LTAFs target a diverse investor base, focusing on defined contribution pension schemes.
Retail investor access is restricted due to platform limitations and regulatory barriers, but improvements are anticipated.
LTAFs mandate a minimum of 50% investment in unlisted securities with defined redemption terms.
The UK government promotes investment in unlisted assets through initiatives like the Mansion House Compact.

1 of 1

Story summary

Long-Term Asset Funds (LTAFs) launched in the UK in November 2021 to facilitate investment in illiquid assets.
Regulated by the FCA, LTAFs target a diverse investor base, focusing on defined contribution pension schemes.
Retail investor access is restricted due to platform limitations and regulatory barriers, but improvements are anticipated.
LTAFs mandate a minimum of 50% investment in unlisted securities with defined redemption terms.
The UK government promotes investment in unlisted assets through initiatives like the Mansion House Compact.