Today news
About the same in other media
Semi-liquid funds pose Consumer Duty challenges for wealth managers as barriers to entry subside
Reading now: 847
At Investment Week's inaugural Private Markets Summit last week, Alpha FMC director Adam Croutear and Lionpoint Group senior manager Louis de Watteville said semi-liquid funds could intensify existing regulatory pressures on wealth management firms. Under the Financial Conduct Authority's Consumer Duty, wealth managers must demonstrate that the products and services they offer to retail customers provide fair value, and act to deliver good outcomes for clients. Semi-liquid fund structures, such as the UK's LTAF or the EU's ELTIF 2.0, have broadened wealth manager access to private as...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
FTX-Funded Charity Effective Ventures Acted ‘Diligently’ Protecting Funds: UK Govt. Probe Conclude cryptonews.com /5 months ago
GTA 6 release highlights console upgrade challenge for PlayStation gamers: Report livemint.com /5 months ago
LTAFs are only part of the private markets solution for wealth managers investmentweek.co.uk /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
