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FCA finalises fund framework to spur investment into riskier assets
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fnlondon.comThe UK regulator is pushing ahead with plans for a new fund structure aimed at giving pension funds and other professional investors access to riskier assets such as infrastructure and private equity.
The Financial Conduct Authority in May launched a consultation on proposals for a long-term asset fund, following concerns that conventional investment fund structures that offer the promise of daily liquidity are no longer appropriate for less liquid assets.
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