Both investment managers and investors can benefit from the long-term solutions listed investment funds can provide, and their potential remains strong. Ogier's managing associate, Dan Richards, explains
The potential for listed investment funds, structured on the right model, remains strong following the surge o f interest in 2006. The stock exchange listing provides solutions to long-term commercial needs of both investment managers and investors. For the investment manager, a listed investment vehicle provides the ultimate "lock-up" period for committed capital as it is, by definition, permanent. For the investor it provides the liquidity normally associated with an open-ended vehicle, such liquidity being provided by trading units in the fund in the secondary market, rather than by re...
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