Schroders Capital secures FCA approval for UK retail LTAF launch, targeting the UK wealth market.

Schroders Capital has gained regulatory approval from the UK's Financial Conduct Authority to launch its first retail Long-Term Asset Fund (LTAF), targeting the UK wealth market. The fund, named Schroders Capital Wealth Solutions LTAF, is structured as an open-ended investment company (OEIC). Its first offering, the Global Private Equity LTAF, will act as a feeder fund for the existing $1.8 billion Semi-Liquid Global Private Equity fund.

September 25, 2024
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