Long-term asset funds: Investment industry questions 'special treatment' for wealthy investors

Notice period raises concerns

James Baxter-Derrington
clock • 2 min read
“We are particularly mystified about why wealthy investors warrant special treatment,” Dzmitry Lipski, head of fund research at interactive investor, said.
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“We are particularly mystified about why wealthy investors warrant special treatment,” Dzmitry Lipski, head of fund research at interactive investor, said.

The omission of retail investors from those eligible to invest in the new long-term asset fund structure has been questioned by investment industry commentators, who ask why wealthy investors have been afforded “special treatment”.

Dzmitry Lipski, head of fund research at interactive investor, said that while the LTAF was "initially intended for ‘pension funds' or ‘sophisticated' or ‘wealthy' private investors in the first instance",...

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